Concluding a compensation review
You can conclude a compensation review at any time. Concluding the review closes it and removes edit access to all reviewers and approvers, including final approvers. Changes cannot be made to the compensation review after it has been concluded.
When you conclude a compensation review, you have the ability to include whether the compensation review was concluded with or without final approval.
To conclude a review:
- Open an existing compensation review. The compensation review must be currently active.
- Select Conclude review at the top right of the screen. The Conclude comp review dialog displays.
- In the Conclude comp review dialog, select whether the compensation review cycle is being concluded with or without approval:
- Conclude without final approval - Select this option when the changes proposed in this cycle have not been fully approved and you are closing this compensation review for other reasons. This changes the status of the compensation review to Closed.
- Conclude with final approval - Select this option when the final approvers have marked all proposals as reviewed and given their final approval to all proposed changes. This changes the status of the compensation review to Approved.
- Select Conclude. This completes and updates the compensation review cycle status to either Approved or Closed.
Closed compensation reviews can be reopened, but only owners and final approvers can make changes to the compensation review data.
To reopen a closed compensation review:
- Open an existing compensation review. The compensation review must be currently closed.
- Select Reopen review at the top right of the screen. The Reopen comp review dialog displays.
- Select Reopen. The compensation review returns to an active state. Owners and final approvers can make changes to the compensation review.
Once a compensation review is closed, you can export the compensation changes made during the review to a spreadsheet that you can then upload to your payroll system.
To export a spreadsheet with the results of your compensation review:
- Open an existing compensation review. The compensation review must be currently closed.
- Select Export at the top right of the screen. The Export spreadsheet dialog displays.
- Select Export. ChartHop generates a spreadsheet with your compensation data.
- Once the spreadsheet is done generating, the spreadsheet downloads automatically.
You may need to adjust column names in the spreadsheet to match the standards for your payroll system.