Managing payout curves
Payout curves are a key driver for bonus plans configuration and subsequent calculations in bonus compensation rounds.
You may search and filter the list of the payout curves by using the search bars and drop-down windows at the top of the list.
This is a tip message.
Payout curves are available under Workbench> Compensation > Payout curves. Access to Workbench depends on your role within the platform. This feature is available for users with Configuration, Compensation Admin and Global Compensation Admin professional roles.
Payout curve statuses
There are four statuses for payout curves:
Draft - this is the status of the payout curves which are in progress of configuration and are not yet published. Every payout curve when the creation is initiated obtains this status automatically. You may edit this payout curve or duplicate it. You can access these options by clicking on the icon located at the far right side of the table.
Ready - this is the status of the payout curve which is configured and was published by the compensation admin. It is impossible to edit the published payout curve. You may view, duplicate, or deactivate the payout curve in this status. You can access these options by clicking on the icon located at the far right side of the table.
Deactivated - this is the status of the payout curve which was published but is no longer relevant and have been deactivated. This status may be changed and the payout curve may be enabled again. You may also view and duplicate it. You can access these options by clicking on the icon located at the far right side of the table.
Also, if the In use status of the payout curve is active, you may also see the Usage details for this payout curve by clicking on the icon.
Editing a payout curve
The system enables you to make changes to the payout curves that are in Draft status.
To edit a payout curve, proceed as follows:
Locate in the list of payout curves, the payout curve that you want to edit.
Click the icon located in the far right of the row corresponding to the payout curve in the list. A contextual menu is displayed.
Click Edit in the menu. The form is opened at step 1- Payout curve details.
Follow the steps described in the Creating payout curves article to change the payout curve according to your needs.
Click Update to republish your changes. A warning window will appear asking you if you want to keep the entries that were made by the managers. Select your answer and click Republish to publish the updated version. You may also click Save & exit in the upper-right corner of the application window to save your changes and continue later.