Automated Budget Calculation for Spot Awards
Description
You can now set up the budget for your Spot Award programs to be calculated automatically by the system. See More
Detailed Description
You can now set up the budget for your Spot Award programs to be calculated automatically by the system. Budget Holders: Can be all managers or a selection based on Dynamic group or a business rule. Budget Allocation: Can be a flat amount, based on a selection of pay components, or on a business rule.
Impact Assessment
This feature has limited impact but should be reviewed to confirm alignment with business processes in Rewards and Recognition implementations. You can now set up the budget for your Spot Award programs to be calculated automatically by the system. Budget Holders: Can be all managers or a selection based on Dynamic group or a business rule. Implementation teams should verify that existing configurations remain valid and test core business scenarios after the upgrade to confirm correct behavior.