# US 2020/0402018 A1 · Compensation modeling using plan collections

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- Number: US 2020/0402018 A1
- Document ID: US20200402018A1
- Status: Published application
- Kind: A1
- Application number: 17/014,654
- Filed: 2020-09-08
- Published: 2020-12-24
- Earliest claimed: 2016-04-29
- Assignees: Workday, Inc.
- Applicants: Workday, Inc.
- Inventors: Scott Colner; Peter Ryan
- Web page: https://patentgrep.com/patent/US20200402018A1

## CPC

- G06Q 10/1057: Benefits or employee welfare, e.g. insurance, holiday or retirement packages
- G06Q 40/06: Asset management; Financial planning or analysis
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

A system for compensation modeling includes an interface and a processor. The interface is to receive live transactional compensation data. The system processor is to determine a set of compensation assignment plans based at least in part on the live transactional compensation data, determine a compensation model based at least in part on the set of compensation assignment plans, and provide the compensation model.

## Claims

### Claim 1

A system for compensation modeling, comprising:
an interface to:
receive live transactional compensation data, wherein the live transactional compensation data comprises a plurality of compensation factors associated with the an employee; and
a processor to:
determine, for the employee, an appropriate set of compensation assignment plans from a set of compensation plans based at least in part on the plurality of compensation factors associated with the employee;
determine a compensation scheme corresponding to the employee based at least in part on the appropriate set of compensation assignment plans;
provide a compensation model that is based on the compensation scheme, wherein the compensation model corresponding to the employee is configured to output a total compensation amount that is based on the corresponding amounts associated with each of the compensation assignment plans included in the appropriate set of compensation assignment plans.

### Claim 2 (depends on 1)

The system of claim 1, wherein the set of compensation plans comprises a fixed amount plan.

### Claim 3 (depends on 1)

The system of claim 1, wherein the set of compensation assignment plans comprises a percentage-based plan.

### Claim 4 (depends on 1)

The system of claim 1, wherein a first plan in the set of compensation plans comprises a dependency on a second plan in the set of compensation plans.

### Claim 5 (depends on 1)

The system of claim 1, wherein the processor is further to determine a plan type for a plan in the appropriate set of compensation assignment plans.

### Claim 6 (depends on 5)

The system of claim 5, wherein the processor is further to determine a processing order for the appropriate set of compensation assignment plans based at least in part on the plan type.

### Claim 7 (depends on 6)

The system of claim 6, wherein the processor is further to determine a processing order for the appropriate set of compensation assignment plans based at least in part on plan dependencies.

### Claim 8 (depends on 1)

The system of claim 1, wherein the processor is further to determine dependencies within the appropriate set of compensation assignment plans.

### Claim 9 (depends on 1)

The system of claim 1, wherein the processor is further to determine a processing order for the set of compensation assignment plans.

### Claim 10 (depends on 9)

The system of claim 9, wherein to determine the compensation scheme, the processor is configured to assign a value to a plan based at least in part on the processing order.

### Claim 11 (depends on 1)

The system of claim 1, wherein a compensation scheme of the compensation model is based at least in part on a total compensation value.

### Claim 12 (depends on 1)

The system of claim 1, wherein the compensation model is configured to model an employee hire.

### Claim 13 (depends on 1)

The system of claim 1, wherein the compensation model is configured to model an employee total compensation change.

### Claim 14 (depends on 1)

The system of claim 1, wherein the compensation model is configured to model an employee position change.

### Claim 15 (depends on 1)

The system of claim 1, wherein the compensation model is configured to model a change between multiple hypothetical compensation scenarios.

### Claim 16

A method, comprising:
receiving live transactional compensation data, wherein the live transactional compensation data comprises a plurality of compensation factors associated with the an employee;
determining, for the employee, an appropriate set of compensation assignment plans from a set of compensation plans based at least in part on the plurality of compensation factors associated with the employee;
determining a compensation scheme corresponding to the employee based at least in part on the appropriate set of compensation assignment plans; and
providing a compensation model that is based on the compensation scheme, wherein the compensation model corresponding to the employee is configured to output a total compensation amount that is based on the corresponding amounts associated with each of the compensation assignment plans included in the appropriate set of compensation assignment plans.

### Claim 17 (depends on 16)

The method of claim 16, wherein the set of compensation assignment plans comprises a fixed amount plan.

### Claim 18 (depends on 16)

The method of claim 16, wherein the set of compensation assignment plans comprises a percentage-based plan.

### Claim 19 (depends on 16)

The method of claim 16, wherein a first plan in the set of compensation assignment plans comprises a dependency on a second plan in the set of compensation assignment plans.

### Claim 20

A computer program product embodied in a non-transitory computer readable medium and comprising computer instructions for:
receiving live transactional compensation data, wherein the live transactional compensation data comprises a plurality of compensation factors associated with the an employee;
determining, for the employee, an appropriate set of compensation assignment plans from a set of compensation plans based at least in part on the plurality of compensation factors associated with the employee;
determining a compensation scheme corresponding to the employee based at least in part on the appropriate set of compensation assignment plans; and
providing a compensation model that is based on the compensation scheme, wherein the compensation model corresponding to the employee is configured to output a total compensation amount that is based on the corresponding amounts associated with each of the compensation assignment plans included in the appropriate set of compensation assignment plans.
