Defining new bonus objective periods

Use this procedure to create new bonus objective periods. Use this procedure if you did not select Bonus Objective Period Auto Create when you created the pay component.

Note: 

You can also create new bonus objective periods from the resource's bonus objective period list.

  1. Select Compensation > Incentive Compensation > Bonus Objectives > Create Next Bonus Period.
  2. In the Create Next Bonus Objective Period form, specify this information:
    Employee Begin and End

    Specify the start and end date for the employee's objective period.

    Compensation Program

    Select the compensation program for the objective period.

    Version Date

    Specify a version date for the objective period.

    Pay Component

    Select a pay component.

  3. Click Save.