Define Salary Review Periods

Explanation

Salary review periods are used at the point of generating the salary review plan. This is used as a reference information to identify the period of the salary review.
When defining a salary review period, a unique name, the period, and the validity must be specified.

Further to this a tolerance level is recorded against the salary review period. The tolerance level is used during the salary review process.
When a salary setting manager performs the review if he/she is exceeding the proposed budget the tolerance level is used to specify how much a manager can exceed such a budget.

Prerequisites

N/A

System Effects

N/A