SYSTEMS AND METHODS FOR EMPLOYEE COMPENSATION PLANNING
A compensation plan budget is validated for each of a plurality of compensation planners within an enterprise. Each of the compensation planners has an individually allocable sub-budget of the overall compensation plan budget. During periods when a compensation planning application used by the compensation planners is otherwise idle, accumulated totals for compensation packages allocated by these compensation planners are determined. These accumulated totals for the compensation packages allocated by the compensation planners as so determined are compared with stored versions of the accumulated totals for the compensation packages. The stored versions of the accumulated totals are those having been computed by the compensation planning application. A determination is made as to whether any discrepancies between the determined ones of the accumulated totals and the stored versions thereof exist; and, in the event of such discrepancies, erroneous ones of the stored versions of the accumulated totals are revised.
1 . A method for validating a compensation plan budget, comprising:
for each of a plurality of compensation planners within an enterprise, said compensation planners each having individually allocable sub-budgets of the compensation plan budget, determining, during periods when a compensation planning application used by the compensation planners is otherwise idle, accumulated totals for compensation packages allocated by said compensation planners;
comparing the accumulated totals for the compensation packages allocated by the compensation planners as so determined with stored versions of the accumulated totals for the compensation packages, said stored versions of the accumulated totals having been computed by the compensation planning application, and determining whether discrepancies between the determined ones of the accumulated totals and the stored versions thereof exist; and
in the event of said discrepancies, revising erroneous ones of the stored versions of the accumulated totals and logging the making of such revisions.
2 . The method of claim 1 , wherein the accumulated totals are determined for direct budgets and roll up budgets for each of the compensation planners.
3 . The method of claim 1 , wherein the individually allocable sub-budgets are arranged hierarchically with direct budgets of lower levels of the hierarchy being reflected in roll up budgets of higher levels of the hierarchy.