For customers of our Position Management module.
To create a variable pay type in your company’s account:
By default, only Company Admins can manage variable pay types. HR Admins with permission to view and edit compensation and position budgets for the entire organization can also manage variable pay types. Learn more about managing user roles and permissions.
From the main menu, navigate to the Position Management page and click the Settings tab.
In the Variable Pay Types section, click the Add button.
Enter the name of the new variable pay type, then click Add. The new variable pay type will appear on the list.
You can also add variable pay types when managing a position’s budget or managing a person’s compensation.
To edit or delete a variable pay type:
Click the three-dot menu next to the variable pay type.
Choose the appropriate option:
•Edit: Update the name of the variable pay type before clicking Save.
•Delete: To delete a variable pay type, click the Delete button to confirm this action.
You cannot delete a variable pay type currently utilized on a compensation record or position budget.
Variable Pay Data
For each saved variable pay type, Built creates two sets of unique data fields—people compensation fields and position budget fields. For example, if you add a variable pay type called “Bonus,” you’ll find Bonus and Budgeted Bonus in your org chart’s Data Options panel. These fields allow you to display a person’s actual bonus pay and/or the bonus amount budgeted for their position.
Notes about variable pay data:
A person’s total compensation (the sum of their base pay rate and total variable pay) includes all variable pay amounts.
A position’s budget includes the budgeted base pay rate and total budgeted variable pay.
Please contact our Customer Success Team for additional assistance.
Additional Resources