As part of the 25R3 release, we are introducing a new FDI subject area: HCM – Workforce Rewards – Salary Basis Setup which includes configuration details of the salary range differentials and compensation zone.
What methods can companies use to synchronize salary basis with geographic and market conditions?
This enhancement brings salary range differentials and compensation zone details that provides valuable insights into the salary basis setup. The details on the salary range differentials, how these differentials are linked to the compensation zones, and how they are distributed across each salary range criteria helps in understanding the distribution within compensation zones and the salary ranges defined for each salary basis.
The visualization presented below highlights the salary range differentials categorised based on the salary range differential criteria.
