What are variable plan awards? Let’s say Chloe is an employee who joins Hogwarts Retail in Jan 2020 and works very hard and is super successful. Chloe’s manager decides to give her a full bonus of 10% of her fixed… Continue Reading →
There can be scenarios where a company’s bonus compensation plans can be based on a particular city where employees are located, or based on a department or based on the type of job that employees perform in the company. It… Continue Reading →
What are Variable compensation plans on Dynamics 365 HR? Variable compensation plans define the details of what and how bonuses are allocated to the employees. Variable compensation plans are assigned to the employees and indicate what type of bonus each… Continue Reading →
What are Variable compensation types on Dynamics 365 HR? Variable compensation types is a way of defining different groups of variable compensation that the company would offer to the employees. Some examples of variable compensation are Bonus – a promised… Continue Reading →
Have a look at a company’s variable compensation policy! Let’s say Tina(Compensation and Benefits administrator) is discussing the variable compensation policy of Hogwarts Retail with Harry who is a digital HR transformation consultant specialized in Dynamics 365 Human Resources. Here’s… Continue Reading →
Dynamics 365 Human Resources product feature blog series explaining how to define a Benefit plan.
What are HR Shared Benefits management parameters? HR Shared parameters are the configuration settings that are applicable across all the legal entities of an organization. There is one key parameter that relates to the latest functional enhancements of Benefits management… Continue Reading →
What are Reason codes? Reason codes are used to track why a certain benefit plan related transaction has occurred. For example: ENROLLMENT is the reason code for enrolling an employee into Granger Health Insurance plan. LIFE EVENT is the reason… Continue Reading →
D365HR Product feature blog post: Provides an overview of D365HR Benefits management: Coverage options and Payment frequencies and how to configure them
What are Plan Types? Plan types are basically a way of grouping different benefits plans together and linking them with the coverage options available. The key when defining plan types is realize that there can only a set of system… Continue Reading →
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