Add Compensation Market Data Sets

Compensation Guide

Version
R2025.1.0
Add Compensation Market Data Sets

Before You Begin: Before adding market data sets, you must ensure that at least one market data definition is configured for your organization in Market Pricing > Market Data Definition. See Market Data Definitions.

In Market Pricing > Compensation Market Data, you create market data sets that can be assigned to your organization’s compensation worksheets. After creating, these market data sets show in the Market Data drop-down list in the Details tab of Compensation Setup > Compensation Cycles.

To add a market data set:

  1. Go to Market Pricing > Compensation Market Data.
  2. Click Add.
  3. In the Add dialog box:
    • Name: Enter a name for the market data set. When configuring compensation cycles, this name is shown in the Market Data drop-down list in the Details tab of Compensation Setup > Compensation Cycles.
    • Description: (Optional) Enter a description for the market data set.
    • Data Definition: In the drop-down list, select the market data definition that you want to use for the market data set.
  4. Click Add. The market data slide-out panel shows the columns that were configured in the market data definition. You can modify which columns are shown using the View panel. See Adjust the Column View for Market Data Records.
  5. Import the market data supplied by your market data service provider. See Import Compensation Market Data.
  6. After the import is completed, Dayforce shows the data in the appropriate columns in the slide-out panel.
  7. Click the arrow next to the market data set's name to close the slide-out panel.

You can remove market data sets that are no longer needed by selecting them in the list and clicking Delete.

Note: After a market data set has been selected for a compensation cycle in the Details tab of Compensation Setup > Compensation Cycles, it can no longer be deleted.