Use the Salary page to enter starting salary amounts for new employees, which can be explicitly approved or receive approval automatically. You can enter a proposed salary change for a current employee at any time. You can enter a salary proposal as:
A new amount
A single change amount or multiple change amounts
Percentages (reflecting different factors or reasons contributing to the change, such as a merit award plus a cost of living component)
To hold multiple reasons for a starting salary or a salary change, you break down a proposal into two or more components. Each component represents a different reason for changing the salary. You can define as many reasons as you require using the Lookup Type PROPOSAL_REASON. Examples of components are Merit Award and Cost of Living Increase.
Optionally, you can rank the employee to track their performance in the future or consider their performance rating to assist you in proposing a salary change. You can enter grade rate ranges against which the application validates salary proposals, if required, when you set up salary administration.
You can also use Compensation Workbench to allocate compensation awards and propose changes to salary components. See: Compensation Workbench for further details.
A salary proposal does not go into effect until it receives approval. If you have recorded multiple components of a salary proposal, you can approve each component independently. When an unapproved proposal exists for an assignment, you must either approve or delete it before you can enter a new proposal.
When you approve a salary, Oracle HRMS creates or updates a salary element entry for the assignment. You can view this entry in the Element Entries window, but you cannot change it there.
Note: You can approve components, but you may not be able to approve salaries. This is controlled by a menu function set up by your system administrator.
If an employee's assignment changes such that it continues to be eligible for the salary element but via a different element link, the existing element entry is ended. No new element entry is created automatically. (This is in contrast to the behavior for other types of element.) You must re-enter and approve the salary proposal following the assignment change. This ensures the integrity of your salary data.
Using the Salary page you can:
Make corrections to your current or previous salary proposals
Enter a new salary proposal between two current salary proposals
Delete the current or previous salary proposals
Delete a salary proposal leaving a gap between two existing salary proposals
The Salary page summarizes and displays information to help you perform informed salary administration all in the same page. You can find information on
The grade step details from the Grade Salary Limits region
The salary basis details from Salary Basis Details region
The employee's performance ratings from the Recent Performance region
The full time equivalent of employee's salaries to effectively administer salaries for part-time employees
Before entering salary proposals, you can review the current salaries of comparable groups of employees using the Salary page. You can also view the salary history of an employee and compare employee salary against published compensation survey data for similar jobs and positions in your industry.
For other methods of reviewing the current salaries of similar employees, see:Reviewing Current Salaries.