Set up key dates

Key dates control when your compensation review takes place, when reviews and approvals are due, and when all changes made within the review cycle should go into effect within your primary ChartHop organization. Date and time formats are based on your organization's settings.

To set up key dates:

1. From the left sidebar, select Comp or select More and select Compensation reviews.
2. Open an existing compensation review with a status of Not started or Paused.
3. Select the Key dates tab.
4. Choose a date for each key date field:
• Cycle starts - This is the date on which you plan for the compensation review cycle to start (in other words, when you will launch the review and all reviewers and approvers will be able to start accessing the compensation review cycle). By default, ChartHop sets this date two weeks into the future. Please note that a compensation review cycle is not active until you launch it manually. Learn more.
• All reviews due - (Optional) This is the deadline for reviewers. On this date, final approvers can go in and make edits and approvals.
• Final approval due - This is the final approval deadline. Once a cycle is concluded, ChartHop freezes all primary data in the compensation review as of this date to help maintain accurate read-only access. By default, this date is set six weeks into the future.
• Effective date for payroll - This is the date where all changes proposed and approved during the review cycle should go into effect. This date is pre-populated in the CSV export for the compensation review cycle. When this date is not defined, the value defaults to the Final approval due date.
5. Once entered, all dates are saved automatically.