Creating award in increments validation

If you define an award in increments validation, then the manager receives a message when the award is not in the specified increment. For example, if you specify an increment of $1000 for an equity planning rule, awards must be in increments of $1000. In this case, $2000 would be valid and $1500 would not be valid.

Note: 

This validation is available only on bonus or equity planning rules.

  1. On the Validation Rules tab, select Create > Create Award In Increments.
  2. On the Define Award In Increments Validation form, specify this information:
    Eligibility Group

    Select the eligibility group for the validation.

    Process as Error

    If you select this check box, the application does not process the award.

    Only Process If Award Greater Than Zero

    If you select this check box, the application does not process awards with an amount of zero.

    Increment Amount

    Specify the increment amount.

    For an equity planning rule that uses units, the increment represents a number of units.

    For a bonus planning rule or an equity planning rule that uses amounts, the increment represents an amount in the currency of the award.

    Note: 

    If your organization has employees with multiple currencies, then consider defining a validation rule for each currency. This way, the increment amount makes sense in each currency. You can use eligibility groups to process the validation rule by currency.

  3. Click Save.