When you set up your Compensation Workbench plan, you can define participant eligibility profiles to determine if an employee is eligible to receive an award, a promotion, or even a performance evaluation. You can set different eligibility criteria for each option and for each local plan.
Compensation administrators can override eligibility results. You can give managers the ability to request a change in eligibility results too, and make these override requests subject to an approval process.
Note: Contingent workers cannot receive awards, ratings, or assignment changes through Compensation Workbench though they can participate as managers.
When you define the rates to display on the Allocations worksheet, you can set company targets and impose minimum and maximum award amounts.
Notice that the application does not enforce budget limits. However, managers can reject worksheets when managers have allocated awards in excess of their budgets.
Compensation administrators can monitor allocations throughout the compensation cycle, and can override any awards that are outside of company policy.