Get Started with Redwood for Oracle Cloud HCM Begin Now
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
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!
0