Incentive Compensation - EBS (MOSC)

MOSC Banner

Setting Maximum Incentive amount Limit for a Product, Resource or a role in

edited Jul 20, 2015 4:26PM in Incentive Compensation - EBS (MOSC) Question

Dear All,

We have a requirement from a client in OIC about setting up upper limit for compensation irrespective of calculated amount 

      Can we set a maximum incentive/Commission amount limit for a Resource, Product or a Role while calculating the Incentives.

For Example,

The incentive for a resource shall be calculated based on combination of (x% of premium + y% of net loan amount(disbursed amount) + z % of life insurance + $ 35) or Max amount of $3000

  Ex: 7% * 1000 + 0.65 % * 500000 + 0% * 100 +35) = $3355 and is more then Max $3000,  then incentive will be paid as only $3000.


Even if the Compensation calculated is $3355, only $3000 needs to be paid to the resource. How do we set this ? Is this possible in OIC using standard formulas ?

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Incentive Comp Tags

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center