Compensation Cycle for Admins

Welcome to Smart Compensation, Administrators!

As an administrator, you'll handle creating, editing, and sharing compensation cycles. Here’s what you’ll be responsible for:

  1. Load employee data
  2. Configure cycle settings
  3. Create compensation cycles
  4. Set up compensation cycles
  5. Monitor compensation allocation
  6. Review compensation decisions
  7. Communicate compensation decisions

Data and Settings

Load data and configure cycle details.

Smart Compensation Data Requirements
Learn about the methods to load your employee data and the data requirements.
Cycle Settings
Configure different settings to customize your compensation cycles.

Compensation Cycle Workflow

Dive into the fundamentals of each stage in the compensation cycle.

Create a Compensation Cycle
Set up a compensation cycle by providing cycle essentials.
Set Up a Compensation Cycle
Configure the details of your compensation cycle, including setting up a pay philosophy and assigning tasks.
Monitor Compensation Allocation
Monitor the status and progress of each compensation allocation task and support task assignees as needed.
Review Compensation Decisions
Review managers' proposed compensation decisions to assess budget impact and alignment with pay philosophy.
Communicate Compensation Decisions
Export data spreadsheets and download employee pay letters.