In the Details tab, you enter the general information for the compensation cycle. To create a basic test cycle, set a name, compensation period, and select the cycle currency. You can leave other sections until you need them.
This tab is divided into sections in which you can enter the compensation cycle details as follows:
- General: Enter the general details of the compensation cycle using the available fields as follows:
- Name: Enter a name for the compensation cycle.
- Compensation Period: Enter a start date and end date using the From and To date fields.
- Performance: Define whether performance ratings are used in the compensation cycle, and how they’re populated if they’re used. See Define How Performance Ratings Are Used. If you don’t want to include performance ratings in this cycle, select Do Not Include.
- Market Data: If you want managers to see market data in worksheets, select the market data set for the compensation cycle. This drop-down list includes the data sets that were configured in Market Pricing > Compensation Market Data. After you select a data set, click Load Market Data button to load the associated data before publishing the compensation cycle. See Load Market Data for Compensation Cycles.
- Reward History Data: Select one or more reward history data files that you want to show worksheets. This drop-down list includes the reward history data files that were configured in Reward History Setup > Reward History Data and have effective dates that overlap with the compensation period dates. This drop-down list doesn’t include data files imported with the Total Equity Rewards data definition.
- Currencies: Define the currencies that will be included in the compensation cycle. See Define Cycle Currencies and Exchange Rates.