Is it possible to definite Budget Pool by assignment parameters (i.e. Grade; Position; Job)?

Content

Hello experts,

we should implement workforce compensation plan. We need to configure Budget Pool to allocate for each compensation component we are setting up in the plan. Our customer would like to define budget amount by component and grade.

For example:

- Overall budget for Bonus component to distribute to workers having 10 as grade;

- Overall budget for Bonus component to distribute to workers having 11 as grade;

- Overall budget for Bonus component to distribute to workers having 12 as grade;

etc.

Is it possible to achieve it or we can define budget pool by compensation component only?

Thanks in advance for your time!