Assigning acompensation grade to a job profilelinks that job to adefined pay range(min, midpoint, max).
This ensures that whenever employees are hired or promoted into the job profile, Workdaydefaults the pay range guidanceautomatically.
Managers and HR can then use this information to propose fair and competitive pay.
Why not the others?
B. Target compensation amount→ Target comp is usually set at the employee or plan level, not the grade.
C. Eligibility for bonus plans→ Controlled viaeligibility rules, not compensation grades.
D. Compensation frequency→ Determined byplan setup (annual, monthly, hourly), not by grades.
[References:, Workday Pro Compensation – Compensation Grades & Profiles:Grades default ranges for jobs, guiding compensation decisions., Workday Community – Job Profile & Grade Integration., ]
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