Create a Compensation Cycle: Rules and Ratings

The Rules and Ratings page of a compensation cycle setup allows admins to define eligibility requirements for the compensation cycle.

Rules and ratings

Employees who meet the requirements are eligible to receive a compensation adjustment.

1. Eligibility rules: Define which employees are eligible for compensation adjustment based on Tenure and the Last compensation change date.
   • Tenure: Based on employee start date. Employees who joined the organization before the selected date are eligible for the compensation cycle. 
   • Last compensation change: Based on pay effective date. Employees who have not received a compensation change since the selected date are eligible for the compensation cycle.
2. Performance rating: Select whether to bring in a completed review cycle with performance ratings. This information can help calculate raise guidance and will be shown to managers and admins for context.
   
   • If you choose to Select a review and a performance rating, select a Review cycle and a Performance rating question that best describes overall performance for additional context. 
   • Only ended performance review cycles with a rating question will be available in the drop-down list. Performance review cycles do not have to be calibrated to be integrated with a compensation cycle. 
   • The review cycle must be ended and include a rating question to be selected.