Compensation Workbench is a flexible tool enabling line managers to publish compensation budgets, and allocate compensation awards and salary increases to their teams. Using Compensation Workbench for Administrators, compensation administrators can also monitor the progress of compensation cycles and perform overrides and exception processing, as required.
Super Administrators can control or grant access of compensation workbench plans to administrators.
This topic provides an overview of what you can do using Compensation Workbench.
Line Managers
Your compensation administrator gives you access to a set of tasks for each compensation cycle, such as budgeting, allocating compensation, entering performance ratings, entering job changes, and approving the work of subordinate managers. For determining budgets and allocating compensation, you can enter values directly on a worksheet that enables you to see all your employees in a single view. Alternatively you can download information to a spreadsheet and work there, or you can use the Allocation Wizard to help you determine budgets and allocations according to the rules and criteria you choose.
If your manager or compensation administrator gives you a budget, you can choose to hold the entire budget yourself, or allocate it to your direct reports only, or to all your subordinate managers. If you use the Allocation Wizard to determine the budget, you can provide budget targets for each employee so your managers understand the criteria you used for creating their budgets.
See: Budgeting in Compensation Workbench
See: Promotions and Rating in Compensation Workbench
You can save your work at any stage, and submit it for approval when you are ready.
See: Hierarchies for Award Allocations and Approvals
You can use the online reports to view:
Summary information for one or more compensation plans
Compensation history for each employee
Stock option history, including estimated walk-away values
Changes made to an employee record by other managers in Compensation Workbench (Audit History)
See: Reports in Compensation Workbench
There are some additional features that your compensation administrator may give you access to:
Overriding an employee's eligibility or ineligibility for an award
Reassigning an employee to another manager, for the purposes of award allocation only
Switching to subordinate managers to enter allocations on their behalf
Generating a compensation statement for employees to communicate their award
See: Access Levels in Compensation Workbench
See: Eligibility, Award Limits and Targets
See: Configure Worksheet and Budget Sheets
See: Switch Manager
Compensation Administrators
You can use Compensation Workbench to perform all the tasks available to line managers, either for the whole workforce (if you decide not to delegate the task to line managers), or in place of individual managers, for example to cover absences. You have access to plan information for every employee within your security profile, including information about the progress each manager is making in distributing budgets and allocating awards. You can reprocess a single employee or change their eligibility, salary, or assignment information.
See: Key Decision Areas in Compensation Workbench
See: Plan Design for Compensation Workbench
You can use the Plan Administration page to override certain plan setup information for the current compensation cycle, such as period dates, budget information, tasks available to managers, and rates.
See: Maintain Compensation Workbench Plan Mid-cycle
See: Steps to Administer a Compensation Workbench Plan
You can use reports to monitor the progress of the compensation cycle, and to gather manager feedback.
Compensation Super Administrators
As a Compensation Super Administrator you can provide administrators access to plans based on their responsibility. You can ensure that when administrators log in for their administrative tasks, they can view only those plans for which you have granted access.
See: Responsibility Based Access to Plans