The plan modeling workspace allows plan designers a sandbox to develop compensation plans and test them before rolling them into production.
Models
Models allow designers to create various combinations of participants, compensation plans and performance data.
Choosing a Model Type and Testing
The goal of the designer is to create and analyze plan models in terms of financial risk to the company in an effort to target the model which most represents the company's performance goals. The two modeling methods are Comparison and Costing.
The Comparison Model
In a comparison model, the designer is developing multiple compensation plans as a group and running a consistent set of sales attainment data trough the processing services in order to determine which plan best meets the company's target incentive amount and promote it.
The Costing Model
In the costing model, the designer has developed a single compensation plan and is running several varying attainment data sets through processing it in order to determine how much the plan may cost in different attainment scenarios in order to assess risk and payment exposure.
