Compensation History - Show Annual Increase Only

Summary:

Compensation History - Show Annual Increase Only from previous years

Content (required):

We have a client requirement where we need to showcase Compensation History

We have enabled the compensation history column. We are able to see the annual increase values by default from previous cycles

Do we need to anything else or will it work fine as per the expectation

Also how can we validate which element entries are being used to showcase the annual values from previous cycles.

Because when I go there I do not see any element in "Configure Compensation History" task

Please suggest

Does it mean that annual values from previous cycle will appear by default and we only have to add the Non Recurring , Recurring ICP elements, if needed in future.