7min

Using the Compensation bands wizard

When you configure your compensation bands in ChartHop, you use a wizard that allows ChartHop to provide you with a custom spreadsheet template that you can use to upload your compensation band information. The answers you provide allow ChartHop to create your bands and how they map to your organizational structure, including target pay, currency, location multipliers, and so on. 

Once you have completed the wizard, you can download a spreadsheet that matches your exact requirements and fill in the values you need, including target pay, job levels, and locations/multipliers. Uploading the spreadsheet and cleaning up any data is the final step.

To create compensation bands:

  1. From the left sidebar, select More and select Compensation bands.
  2. Select Let's Get Started to view the setup questionnaire. Once you start the questionnaire, you can navigate forward or backward to update your answers.
  3. When finished with the questionnaire, download the customized spreadsheet.
  4. Complete the spreadsheet with your compensation data. Learn more.
  5. When you are ready to upload, return to the Compensation bands section to upload your spreadsheet and select Next step.
  6. Use the Tidy up your data page to review and correct any mistakes in your data. Then select Next step.
  7. Select Save.
  8. Choose a date when you want your bands to be effective. Assigning an effective date helps you track the history of your compensation bands as your organization grows.
  9. Select Save.
  10. Optionally, you can either view your bands or choose to map your bands to your existing jobs. Learn more.