Salary Basis components and WFC plan components relationship and working
Summary: Salary Basis components and WFC plan components relationship and working. How does the salary components' value
Content (required): If I have a Salary Basis defined of type "Simple Components" for India LDG and it has 3 components
- Basic
- HRA
- Variable Compensation
Can I have the following configured
a WFC Plan called "Annual Compensation Plan"
- It has 3 components
○ Basic
○ HRA
○ VC
- Can I have the managers update the 3 WFC components on their worksheet which basically make up the overall Salary of the employee
When all the Managers have approved the WFC plan and we run the "transfer data to HR" process when the cycle is completed.
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