Defining award reasons

Award reasons are used to explain why a resource receives an award (for example, hire, promotion, merit, IPO grant). Managers can select a reason as they make the award.

Note: 

The ability for managers to specify award reasons is enabled on the compensation awarding view.

  1. Select Compensation > Set Up > Compensation Planning > Award Reasons.
  2. Click Create.
  3. On the Award Reason form, specify this information:
    Effective Date

    Specify the date on which this award reason becomes effective.

    Award Reason

    Specify the award reason name.

    Description

    Specify the award reason description. If you leave this field blank, then the award reason name is used as the default when you save the form.

    Active

    Defaults to Active. Clear this check box to inactivate the award reason.

  4. Click Save.