Compensation Setup

Dayforce Release Notes version 2023.1.0

Version
R2023.1.0
Release Date
2/14/2023
Compensation Setup
ID Description

973626

1236855

1236944

1263127

1268758

1268759

1308316

1308321

Added the ability to publish compensation cycles for compensation administrators to allocate rewards before the worksheets are available for managers. To support this functionality, the following sections and fields were added in the Schedule and Approval tab of Compensation Setup > Compensation Cycles:

  • Compensation Admins - Full Cycle Access
  • Compensation Admins - Limited Access
    • Review Start Date
    • Allocation Start Date
  • Compensation Managers
    • Review Start Date
    • Allocation Start Date
    • Allocation Due Date

The Compensation Admins - Limited Access section does not show if managers are not assigned to administrators in the Management Assignments tab of the compensation cycle.

When the compensation cycle is published, the compensation administrators and managers receive notifications in their Message Center and by email with the dates to review and allocate rewards in the worksheets. Compensation administrators and managers can only view the worksheets after the review start date. They can allocate rewards after the allocation start date.

For more information, see "Schedule and Approval" in the Compensation Guide.

1205717

1211142

1211145

1211150

1254093

1267802

1269247

1269251

1298188

1299686

1299718

1299738

Added the ability to set budgets for compensation cycles based on guidelines in the Budgets tab of Compensation Setup > Compensation Cycles. The Guideline option was added for each pay component in the Set Budget dialog box to support this functionality. To calculate the budget, you can choose the guideline range's minimum, mid-point, or maximum value. The Min, Mid, and Max options show if you select the guideline configured with the Range value type in the Guideline drop-down list.

When you set the budget based on guidelines for pay components configured to use funding, Dayforce calculates the funding for all employees based on the guidelines, locks the budget, and disables the No Budgets Distributed checkbox. You can select the pay component in the Unlock Budgets drop-down list to delete the funding values and reset the budget.

You cannot select guidelines based on performance ratings to calculate the budget if you configure the performance rating as Do Not Include or Enter In Worksheets in the Details tab of the compensation cycle. For more information, see "Budgets" in the Compensation Guide.

As part of this update, when adding, deleting, and moving employees in the worksheet, Dayforce calculates the recommended new budget based on the guidelines. To change the budget based on the recommended values, select the Manually option in the Budget Adjustments drop-down list in the Add, Delete, and Move dialog boxes.

For more information, see "Modify the Organization Hierarchy and Budgets" in the Compensation Guide.

1211040

1211042

1274316

1287737

Added the ability to import the guideline matrix in Compensation Setup > Guidelines. The Import drop-down list was added to the Guideline Matrix section to support this functionality. You can generate the guideline matrix, export the columns, edit the exported file, and import the edited file into Dayforce. As part of this update, the filter functionality for the guideline matrix was also improved.