How To Configure Basic Compensation In 24 Hours

With this document you will be able to understand the Enterprise Compensation Management configuration IMG Node.  the easiest and most straight forward compensation plan is the annual merit cycle. This document will guide you through on how to configure this.

Understand about:

• Budgeting
  • Define Reference Currency for Budgeting
  • Define Budget Types
  • Define Budget Periods
• Compensation Administration
  • Define Compensation Area
  • Define Compensation Area Feature
  • Compensation Plans & Reviews
  • Eligibility
  • Guidelines
  • Plan Attributes
  • Compensation Programs
  • Other Settings

Download the document on ECM Configuration .