Compensation budget planning on position-driven charts

Audience: Administrators Edition: Pro

 

Overview

OrgChart allows admins to map budget and compensation fields for position-driven charts. Like other fields, budget and compensation fields can be used for views, displayed in boxes, profiles, or used in custom formulas. Mapping budget and compensation fields enable you to leverage default plan metrics and visualize employee cost impact on position budgets in position-based plans. 

The following article provides information on:

• Viewing position budget and cost information on plans
• Updating position budget and cost information on plans

Viewing position budget and cost information on plans

Planners can view position budget information and understand employee cost impact on position budgets.

To view position budget information:

1. Open a position-driven plan.
    
2. Right-click on a position record, and then click on the Edit position option. The edit position modal is displayed.
    
3. Click on the Budget details option to expand the Budget details drawer.
   

The budget drawer offers the following information about the selected position:

Option	Description
Current position cost	Total cost of the current position, based on a rollup of the salaries for all current assignees. This rollup is calculated using whatever field is mapped to employee compensation.
Under/Over budget badge	Indicates if the current position cost is above or below the position's total budget.
Total budget	Field from your data that is mapped to position budget. If not mapped, this field is derived from cost band maximum x staffing target.
Remaining	The difference between the current position cost and the total budget.

The budget drawer offers the following information about the employees who hold the position:

Option	Description
Employee cost	Cost of an individual employee assigned to the current position. The employee's cost is calculated using whatever field is mapped to employee compensation.
Budget	Budget for the employee holder. The employee's budget is the cost cost band maximum for the position.
Remaining	The difference between the employee cost and the budget.

Updating position budget and cost information on plans

As you make changes that impact the position budget or employee cost, the budget details information updates in real time.

The following updates drive real-time budget impact:

• Adding a new assignee to the position
   
• Updating an assigned employee's compensation
   
• Updating the position budget field (if the field is mapped from your data)
   
• Updating the cost band maximum or staffing target fields (if position budget is not mapped from your data)