REWARD Webcast January, 2005 End of year topics

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Presentation transcript:

REWARD Webcast January, 2005 End of year topics ________________________________ ____________________________________________________________________________________________ REWARD Webcast January, 2005 End of year topics

Contents January 2005 Webcast covers some year-end topics Match Year ____________________________________________ ____________________________________________________________________________________________ Contents January 2005 Webcast covers some year-end topics Match Year Grade Link Salary structure maintenance How do I make new structures current? What do I do with old structures Year-dependent import fields

____________________________________________ ____________________________________________________________________________________________ Introduction End of the market pricing cycle calls for some wrap up and resets Archive market movement data (see December 2004 webcast) Create and adopt new Match Year Update Grade Link Salary structure update Reset market survey effective date

Structure Basics Reward allows you to: ____________________________________________ ____________________________________________________________________________________________ Structure Basics Reward allows you to: Develop multiple salary structures Create many versions for each salary structure Match jobs to multiple structures using Grade Link type

Structure Google Structure actions Structure actions Select a structure

Grade Link Concept Via the Grade Link, a job can attach to more than one structure and grade

Grade Link Concept Specify grade link via the scoreboard to show one set of links

Grade Link Concept Or another set of links: Proposed structure is US 05

Create Grade Links - 1 Current grade links are supplied in refresh from HRIS in file JOBSGRADES.TXT. This keeps REWARD in synch with HRIS New Grade links are automatically created for a proposed structure when using Update Structure

Create a Grade Link - 2 You can create new grade links for jobs via job action link structures. Use this for jobs selected by criteria other than structure.

Create a Grade Link - 3 An action on the Structures google also create new grade links for jobs in the selected structure.

Create a Grade Link - 3 Creating new grade links for jobs from their structure: Here you can change a link, move links from one structure to another, or copy links to another structure while changing the link. Note: if you copy over an existing link, the copy replaces the original.

Reset Survey effective date As you start market pricing for the next cycle, this is an easy way to exclude last year’s surveys. Click here Then reset date To get this menu

Year dependent import fields Fields in your HRIS extract may involve dates. Description HRIS Field or Calc HRIS Table Logic Example 2004 Actual Bonus ERNCD = QIN + DEF EARNINGS_BAL Sum of GRS_MTD for previous calendar year (BALANCE_YEAR) If current date is March 5, 2005, previous calendar year is 2004 (current year - 1) or BALANCE_YEAR = 2004 Will this work next year? Make sure to check with your HRIS extract provider and find out.