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Prorating Bonus Targets in Annual Incentive Plan

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edited Jun 4, 2021 2:34PM in Compensation 1 comment

Summary

Prorating Bonus Targets in Annual Incentive Plan

Content

Hello,

We are looking to try to get our Annual Incentive Plan to automatically calculate the annual incentive target when a colleague has changed positions throughout the year.  In the past we tried and it only pulled the first value and the last value for the person.  We want to be able to prorate, by day, what their target is based on how many days they are in that Job.  We define the targets by the Salary Grade that they are in, and currently house this amount on the Job.  What are other organizations doing, this can't be a unique ask?

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