You have a seniority dynamic calculated plan to increase the amount of the plan every three years of an employee's employment. An employee reaches their sixth anniversary. What do you need to do to make sure this employee's plan updates with the new amount?
A seniority dynamic calculated plan automatically adjusts based on worker attributes such as length of service.
Workday evaluates dynamic calculations daily, ensuring that once an employee reaches their 3-year, 6-year, or other milestone, the plan amount updates automatically without manual intervention.
Why not the others?
A . Audit report + Request Compensation Change -- Unnecessary; dynamic plans do not require manual updates.
B . Schedule Automatic Step Progression -- That applies to step progression plans, not dynamic calculated plans.
C . Mass Operation Management -- Used for bulk updates, but not required here because Workday auto-updates dynamic plans.
Workday Pro Compensation -- Dynamic Calculated Plans Guide: Dynamic plans are self-updating based on employee data, recalculated daily.
Workday Community -- Dynamic Plan Functionality: Confirms no manual action is needed for anniversary-based increases.
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