Create Rounding Rules

In Compensation Setup > Rounding Rules, you can configure rules to round equity allocations for employees in a compensation cycle.

To add a rounding rule:

1. Go to Compensation Setup > Rounding Rules and click Add.
2. In the General section:
   1. Name: Enter a name for the rounding rule.
   2. Description: (Optional) Enter a description for the rounding rule.
   3. Rule Type: Select the type of rule to round equity rewards in the drop-down list.
      • Cash: The rounding rule applies to cash allocations in the base currency value of the compensation cycle.
      • Quantity: The rounding rule applies to the quantity of equity allocated in the compensation cycle.
   4. Active: By default, the checkbox is selected, and the rounding rule is active. You can clear the checkbox if you don’t want the rounding rule to be available when configuring equity pay components for compensation cycles.
3. In the Details section, click Add to configure the details for the selected rule type.
   • For the Cash rule type, do the following in each column:
     • Allocation Currency: Select one or more currencies for which the rounding rule applies. For equity rewards, the base currency of the compensation cycle is the allocation currency.
     • Employee Pay Type: Select one or more pay types for which the rounding rule applies.
   • For the Cash and Quantity rule type, do the following in each column:
     • Rounding Method: Select the rounding method for the rounding rule:
       • None: The rounding method isn’t applicable. If you select this option, the Rounding Increment column is disabled.
       • Round Down: Rounds equity allocations or quantity down to the multiple of the rounding increment.
       • Round Up: Rounds equity allocations or quantity up to the multiple of the rounding increment.
       • Round Nearest: Rounds equity allocations or quantity up or down to the nearest multiple of the rounding increment.
     • Rounding Increment: Select the rounding increment to apply the rounding method:
       • For the Cash rule type, the options are 0.00001, 0.0001, 0.01, 0.1, 1, 5, 10, 50, 100, 500, and 1000. For example, if you selected the rounding method as Round Up and the rounding increment as 500, when the equity allocation is $850, Dayforce rounds up the amount to $1,000.
       • For the Quantity rule type, the options are 0.01, 0.1, 1, 10, and 100. For example, if you selected the rounding method as Round Down and the rounding increment as 10, when the quantity of equity is 28, Dayforce rounds down the quantity to 20.
     • Display Precision: Select the number of decimal places to show the rounded equity values. The options are from 0 (##) to 5 (##.#####). For example, to show equity amounts in two decimal places, select 2 (##.##).
4. Click Save.

Note: You can edit a rounding rule even after it’s linked to a published compensation cycle. You can’t delete a rounding rule that is linked to a published compensation cycle.