Configure Employee Plan Target Bonus Overrides

In the Target Bonus Overrides tab of Compensation Administration > Compensation Plan Administration, you can add new target bonus values or override the target bonus configured in the compensation plan for employees.

Note: The Target Bonus Override (%) value defined in the employee profile isn’t used for calculating the target bonus percentage in compensation plans.

To configure the target bonus override for employees in compensation plans:

1. Go to Compensation Administration > Compensation Plan Administration and click the Target Bonus Overrides tab.
2. Click Add in the tab’s toolstrip.
3. In the Select Employees tab of the Add wizard, click Add.
4. In the Search dialog box:
   1. Use the available filters to find the required employees.
   2. Select the checkbox next to each employee that you want to add.
   3. Click Add to move the employees to the Selected Employees list.
   4. Click Select.
5. In the Add wizard, click Next.
6. Do the following in each field:
   • Compensation Plan: Select the compensation plan for which you want to add the target bonus override percentage or amount.
   • Target Bonus Override (%) or Target Bonus Override (Currency): Enter the target bonus override percentage or the amount that you want to use for the employee. This field shows (%) or (Currency) based on the effective date record of the selected compensation plan.
   • Effective From: By default, the current date is shown as the start date for the target bonus override. Use the calendar to select a different effective from date, if needed.
   • Effective To: (Optional) Use the calendar to select an end date for the target bonus override.
7. Click Finish. The target bonus override is added to the Target Bonus Override tab for the selected employees.
8. Click Save.