Navigating and Using Pequity Compensation Cycles User Guide

Step 1: Navigating to Your Active Compensation Cycle

• Email Notification: You’ll receive an email when your Wave and Planning Group are activated. Click the link in the email to access Pequity directly.
• Accessing Your Cycle:
  Once logged in:

1. Select the cycle marked with the green Active dot.
2. Click your Name or Planning Group to start planning.

Note: If assigned as both a Planner and a Planning Partner, navigate to the group where you are designated as a “Planner” to approve employees. Learn more about Comp Cycle default roles below ⬇️

Step 2: Planning for Employees as a Planner or Planning Partner

• Editable Fields: Modify employee inputs (e.g., merit increases or bonuses) and reference company recommendations displayed below each field.
• Static Fields: Reference-only data (e.g., employee metadata) cannot be edited. If changes are needed, request updates from a Company Admin.
• Collaborate: Add comments to discuss inputs with team members or flag concerns for Admins. @mentioned users will receive an email notification that they have a comment to review. 
• Budgets: View roll up budgets for inputs vs recommendations at the top of your workbook. When a budget is red your input has exceeded the recommendations or set budget for your planning group.

Step 3: Submitting for Approval as a Planner

• After reviewing, click Approve All in the top-right corner to finalize the group.
• Post-approval, no additional edits can be made. Reach out to a Company Admin to reactivate if changes are required.

🚨 Important: Only Planners can approve; Planning Partners must request a Planner to complete this step.

Understanding Comp Cycle Roles

• Company Admin: Responsible for setting up and managing cycle configurations.
• Planner: Can modify employee inputs, leave comments, and approve changes.
• Planning Partner: Can modify inputs and add comments but cannot approve changes unless authorized by an Admin.