VC_PAYOUT_SCHED

(SQL Table)
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Variable Comp Payout Schedule

This record is used within Variable Compensation when a performance-based plan uses a Goals Matrix to determine payout. This record stores a schedule which dictates the score ranges and applicable Payout Formula associated with each range. A group's performance is analyzed and attainments entered for each Goal ID entered into the Goals Matrix being used by the plan. The sum of all the goal attainment values is computed as a 'performance' score, which is then used with the Payout Schedule to determine the formula to use to calculate award payouts for each employee within the group.

# PeopleSoft Field Name PeopleSoft Field Type Database Column Type Description
1 VC_PLAN_ID Character(10) VARCHAR2(10) NOT NULL VC Plan ID

Prompt Table: VC_PLAN_TBL

2 VC_PAYOUT_PRD_ID Character(10) VARCHAR2(10) NOT NULL Payout Period ID
3 GB_GROUP_ID Character(15) VARCHAR2(15) NOT NULL Group Build ID.

Prompt Table: GB_GROUP_TBL

4 FROM_QTY Number(7,2) DECIMAL(6,2) NOT NULL From Quantity
5 TO_QTY Number(7,2) DECIMAL(6,2) NOT NULL To Quantity
6 VC_PAYFORMULA_ID Character(10) VARCHAR2(10) NOT NULL Payout Formula ID

Prompt Table: VC_PAYFORM_VW