It would be useful to link the employee rating from the performance review to the compensation process to calculate the salary increase % and the variable compensation calculated amount.
Comments
An important HR process is performance review that will translate in salary increase for employees. Today, the Compensation processes in D365 Human Resources is not linked to the performance rating of the worker to calculate the % of salary increase. It would be nice to be able to: • Define target salary increase % (this portion is doable now) AND have the possibility to setup a matrix for the salary increase of the worker based on the rating (see 1st image). • Even better, the matrix could look at 2 axes to determine the % of increase: the rating and the compa-ratio of the worker (see 2nd image). • Now to be really great, this would have to be attached to a salary increase budget and allow processing what-ifs scenarios for budget distribution.
Category: Compensation
I would like to be able to base the calculation of a fixed compensation increase and variable compensation award on the individual's performance as reflected in their performance Reviews that occur within the compensation process cycle. The performance factor would be calculated based on their Average score on the review. I think it would be necessary to be able to specify which review types - or reviews or even goals - were considered by the calculation process.
You can currently base the calculation of a fixed compensation increases and variable compensation awards on the performance of a Department, but the requirement we see again and again is for it to be based on the individual's performance.
Thanks
Category: Compensation
Ability to factor performance ratings into determining pay increases (e.g. pay for performance)
Category: Compensation
Hi Lyne Savaria,
I am unable to see the images in yammer. Can you please send me the Yammer Group Link or Image to this email id hema@datanetiix.com
Category: Compensation
Constantly being asked about budget distribution across teams at pay review times. This would be expected functionality.
Category: Compensation
I am unable to attach the images to the idea. Please see them on Yammer.
Category: Compensation
Administrator on 2/15/2023 4:26:46 PM
Thank you for your suggestion. We’re considering this functionality for a future release. This posting is provided “as is” with no warranties, and confers no rights.