Incentive Config

Incentive in ProTrack Warehouse is a powerful tool used to identify individual employees who are eligible for performance-based incentive pay. Incentive pay is configured by setting up an 'Incentive Plan' and assigning employees to the plan. Once an Incentive Plan is configured and effective, employees will be automatically evaluated as to whether or not they are eligible to receive incentive pay. Refer to Incentive for the approval / disapproval of individual employees on a plan.

To access the Maintain Incentive screen:

1. Log in to ProTrack Warehouse.
2. Click the Incentive Config tab under the Maintenance menu. The Maintain Incentive screen appears.
   
   

   
   ^{Fig.275 Maintain Incentive Plan}

   
   Incentive Config Tab Descriptions

   Tab	Description
   Incentive Plan	Displays the information defined for an incentive plan.
   Criteria	Displays the criterion that is defined for the incentive plan for performance.
   Payout Group	Displays the payout group of the incentive plan. This is a list of all employees assigned to the incentive plan, and thus eligible for incentive pay.

   ^{Table 71. Incentive Config Tab Descriptions}

Adding Incentive Plan

To add an Incentive Plan:

1. Type a unique Plan Name.
2. Select 'Monetary' as the Plan Type.
3. Check 'Performance' as the Pay Criteria.
4. Select the Review Period from the drop down list.
5. Enter a value for minimum days of employment.
6. Select the Start Date by clicking .
7. Select 'Standard Hours' as the Incented Hours.
8. Select 'Individual' as the Payout Group.
9. Type a Rate.
10. Select whether or not this plan will incent on learning curves. If so, select which Performance Level will be used when calculating each review period.
    
    

    
    ^{Fig.276 Maintain Incentive Plan - Adding Plan}

    
    
    Incentive Config Field Descriptions

    Field	Description
    Plan Name	A descriptive name of the incentive plan.
    Plan Type	Indicates that the incentive pay is a monetary incentive.
    Pay Criteria	Currently the only option is Performance based.
    Review Period	This defines the period of time during which the Incentive Plan is evaluated. Options are Bi-Weekly (every two-weeks) or Weekly.
    Min. Days of Employment	The minimum number days an employee is required to work in order to be eligible for incentive pay.
    Start Date	Start Date for the incentive plan. The day of week on which this date falls will always be the start day for that plan going forward. For example, a plan with a Review Period of Weekly and a Start Date of Sunday, 6/19/2011 will have review periods that will always be Sunday-to-Sunday.
    Incented Hours	Currently the only option is Standard Hours.
    Payout Group	Payout will be considered on an individual employee basis.
    Rate	Incentive plan pay rate (dollars per hour).
    Incent on Learning Curve	Leave the box unchecked to consider an employee's performance in ONLY activities in which they are NOT currently on a learning curve. Any activities that are receiving a learning curve adjustment will not be factored into the performance that triggers incentive. If the box is selected, the plan will consider ALL activities (regardless of whether or not the employee is currently on a learning curve for certain activities). When the box is selected, the 'Performance Level' option is enabled.
    Performance Level	If the 'Incent on Learning Curve' box is selected, select whether the adjusted performance (for activities on learning curves) or the baseline (non-adjusted) performance will be used to trigger incentive.

    ^{Table 72. Incentive Config Field Descriptions}
    
    
11. Click on the 'Criteria' tab.
    
    

    
    ^{Fig.277 Maintain Incentive Plan - Criteria}