In order to promote the most accurate financial reporting possible, TeamOhana has the ability to store and analyze base compensation as well as variable compensation broken down into bonus and commission.

Because TeamOhana integrates with your HRIS, the compensation fields in your system will be accurately reflected on the headcount ledger. This means that if you have base salary and variable compensation only, then the headcount ledger will have two compensation fields. However, if you have base salary, bonus, and commission instead, then those three fields will also be listed in your TeamOhana account.

Regardless of how your company's variable compensation is structured, TeamOhana supports the ability to either ingest and display those fields as both numeric (eg the actual amount of money in the identified currency) and as percentages.

This means that if your company is hiring a salesperson who will receive an annual bonus of 10%, when you enter in the compensation information for the headcount, you can input 10% into the bonus field rather than make the calculation to find the monetary amount. TeamOhana will do the calculation for you, and will show both the 10% and the actual amount on the headcount.

On the hiring tracker, the base and bonus compensations are totaled to equate to the Target comp.

On the headcount ledger, each of these fields has its own column, and they are all summed to show the total cost of headcount in the financial analytics in your account.

At this time, variable compensation (whether its numeric or a percentage) will not be automatically populated if your company is using a job catalog in TeamOhana. This means that once base pay has been entered into a headcount request, the variable compensation will need to be manually added.