Defining external metrics for resources

You can specify external metrics for a compensation program or for an individual resource. Use these procedure to specify external metrics for an individual resource. These values override compensation program values for that resource.

  1. Select Compensation > Incentive Compensation > External Metrics > Resource Metrics.
  2. Click Create.
  3. In the Resource Compensation Program External Metrics form, use these guidelines to specify field values:
    Employment ID

    Required. Select the resource's employment ID.

    Compensation Program

    Required. Select the compensation program that requires an external metric such as sales attainments or period revenue.

    Version Date

    Required. Select the version for the compensation program.

    Sequence Number

    Required. Select the resource's enrollment record.

    Pay Component

    Required. Select a pay component for the external metric.

    Type

    Required. Select the attainment to look up the payout amount from the compensation table based on this metric record.

    Select Other Amount to refer to amounts used on compensation formulas.

    Compensation Period

    Required. Select the compensation period for this metric.

    Date

    Specify the date on which the metric is valid.

    Description

    Specify a description for the metric.

    Numeric Value

    Specify a number for the metric. If you specify a value here, leave the other two value fields blank.

    Alpha Value

    Specify an alphabetic value for the metric. If you specify a value here, leave the other two value fields blank.

    Percent Value

    Specify a percent for the metric. If you specify a value here, leave the other two value fields blank.

  4. Click Save.