This activity is used to enter the basic data required in the creation of a Group Salary Plan. Only the companies of the group for which the user has access are shown. Companies can have different currencies other than Group Accounting Currency. The tolerance limit is used in the Salary Review process (an adjustment to the proposed salary can be done by the manager based on the tolerance limit). Only Salary Periods common to all the companies assigned to the group are shown for selection. By selecting a common salary period the different salary periods of the employees are aligned to a single period with the use of the 'Per annum ratio' field in 'Salary Rates, Frequencies and Periods' page.
Salary Plan Snapshot Date is the date for which all calculations would be carried out. Employee compensation types which are marked as 'Include in Budget' in the compesation type definition are considered for the current total salary calculation. Employees who have primary assignments in the companies are taken and if the salary paid currencies are different than the group accounting currency all are converted to the same based on the currency rates conversion configurations. The date fetched for the curency rates is the snapshot date. Review Plan Name is generated based on the group name and salary period. But this field is editable.
If company default Exclude Lists are defined the 'Company default Exclude Criteria List' option can be switched on. Otherwise a relevant exclude list can be selected. When calculating the Current Salary the excluded employee salary total is deducted.