Getting Started with Variable Compensation

This chapter provides an overview of Variable Compensation business processes and discusses Variable Compensation implementation tasks.

Variable Compensation Business Processes

Variable Compensation manages these business processes:

Manage eligibility and proration.
Manage plans with weighted goals.
Manage plans with matrix goals.
Calculate allocations and awards.
Fund variable compensation plans and groups.
Manage awards approval and payouts.

We cover these business processes in the business process chapters in this PeopleBook.

Variable Compensation Implementation

PeopleSoft Setup Manager enables you to generate a list of setup tasks for your organization based on the features that you are implementing. The setup tasks include the components that you must set up, listed in the order in which you must enter data into the component tables, and links to the corresponding PeopleBook documentation.

Other Sources of Information

In the planning phase of your implementation, take advantage of all PeopleSoft sources of information, including the installation guides, data models, business process maps, and troubleshooting guidelines. A complete list of these resources appears in the preface in the PeopleSoft Enterprise HRMS 8.9 Application Fundamentals PeopleBook, with information about where to find the most current version of each.