Before You Begin: You must generate the organization and budget for the compensation cycle before loading market data. When you regenerate the organization or budget, any previously loaded market data is removed.
When you select a market data set in the Details tab of Compensation Setup > Compensation Cycles, Dayforce adds the Load Market Data button to the feature toolstrip. You can click this button before publishing the cycle to load the market data values in the compensation worksheets for your cycle, based on the mapping criteria defined by the market data definition.
After loading the market data, Dayforce shows a View Loaded Market Data link in the Market Data section of the Details tab.
You can click this link to download a CSV file that provides you with the mapping details for each employee in the cycle.
If Experience Level is defined as a mapping field, managers have to assign their employees an experience level in the worksheet before the associated market data is shown. When the compensation cycle is completed, the experience levels are saved for the employees so that when you click Load Data for future compensation cycles, the market data is loaded automatically based on those saved experience levels.
You can reload the market data by clicking the Load Market Data button again before or after publishing the compensation cycle. Reloading the data ensures that your cycle is using the most recent version of the market data in case of updates in Market Pricing > Compensation Market Data. However, after the cycle is approved in Compensation Administration > Compensation Cycle Administration, the Load Market Data button is no longer enabled.
Important: When you click Load Market Data, any previously loaded market data is overwritten.