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All CollectionsCompensation ReviewCreating a Compensation Review
Selecting compensation items for your review campaign
Selecting compensation items for your review campaign

Learn how to choose the compensation elements managers will review during your campaign, including salary, bonuses, and variable pay.

Updated over a week ago

After setting up the basic parameters of your compensation review campaign in Figures, the next crucial step is selecting the compensation items that managers will review. This article guides you through choosing these items to ensure a comprehensive review process.

Consider your company's compensation structure when selecting items. Include all relevant components to ensure a comprehensive review.

Available Compensation Items

Base Salary

This item is always included by default and covers budget, recommendations, and increases for employees' base salary.

Variable Pay

This option allows managers to review and adjust target variable compensation. Activate this to include variable pay elements in your review process.

Relative Variable Pay

When enabled, it defines variable pay as a percentage of the base salary, automatically adjusting to maintain a fixed ratio between base salary and variable pay.

Annual Performance Bonus

This option allows for the allocation of bonuses based on the achievement of performance targets, derived from the contractual variable pay. If selected, you'll need to upload your annual performance bonus payouts.

Allow reviewers to update this bonus

When enabled, all reviewers can update the variable pay bonus recommendation. If left disabled, only campaign administrators have this ability.

Exceptional Bonus

This optional item is for allocating one-time bonuses to eligible employees. If selected, you'll need to define eligible employees and authorized reviewers.

If selecting "Annual Performance Bonus" or "Exceptional Bonus," prepare the necessary data or criteria in advance.

Selecting Items for Review

Review each compensation item and its description, then check the box next to each item you want to include in your review campaign.

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