Defining bonus objective goals

  1. Sign in to Infor HR Talent as Employee.
  2. Select To Do > Bonus Objectives.
  3. Select the compensation program.

    The list of active bonus periods for that compensation program displays on the Active tab.

  4. On the Active tab, select the bonus period for which to define bonus objective goals.
  5. Open the bonus period to view information and instructions for the period.
  6. Click Create Bonus Objective.
  7. Specify this information:
    Goal

    Specify a short description of the goal.

    Goal Type

    Select the goal type to use for this goal.

    The goal types that are allowed for this process only have the Use For Bonus Objective option selected. The select list does not show goal types that also have the Use Action Plan, Use External Results, or Approve Goals By Year options selected. If you want to use a goal type that uses any of these options (besides Use For Bonus Objective), you must create the goal in Goal Management and then use the Attach Bonus Objective action.

    Goal Category

    Select a goal category.

    If goal categories are selected on the bonus objective pay component, you must select a goal category that matches one of the pay component goal categories.

    Start Date, Due Date

    Specify the bonus period start and end dates. They default as the start date and due date. You can specify other dates within the bonus period date range.

    Description

    Specify a description of the bonus objective.

    Expected Result

    Specify the goal outcome.

    Specific, Measurable, Attainable, Relevant, Timebound

    Select the SMART rating factors that are applicable to the bonus objective. When the bonus objective is created, the system computes a SMART rating based on the rating factors you selected.

    Align With Organization Goal

    If the goal is aligned with an organizational goal, select the organization goal.

    Bonus Objective Weight

    Specify a weight for the goal.

    If you select a goal category for which the pay component has set minimum, maximum, and aggregate values for the goal category, the weight that you specify must fall within these restrictions. The maximum weight cannot exceed the aggregate weight.

  8. Click OK.

    The goal is displayed on the Objectives pane.

  9. Optionally, continue adding goals.

    The total weight of all the goals must equal 100 percent.

  10. After all objectives are defined for the period, click Submit for Approval.

    The goals are routed to your manager for approval.