Pay ranges and versions

A pay range is the minimum and the maximum you pay for a kind of work, in one country and one currency. Positions subscribe to pay ranges, so every employee in a position is compared with the right range. A pay range never changes in place. When the market moves, you add a version with new amounts and a start date. The earlier versions stay, so you can always see the range that applied on any date.

Pay range and version

The pay range is the stable thing: it has a code such as P-2, a country, a currency and a name. Each version is a dated copy of the minimum and maximum, and it has its own code such as P-2.V1. A pay range can have many versions over time, but only one version applies on any given day.

Effective dates

Every version has an Effective from date and, once a later version exists, an Effective to date. Both dates are inclusive. Effective to is the last day the version applies, and the next version starts the day after.

• The versions of a range follow one another with no gaps and no overlaps.
• The latest version has no Effective to. It stays in force until you add a newer one or retire the range.
• When you add a version, you set only its Effective from. exIQtive.com sets the Effective to of the version before it to the day before.

Status and state

A version has a status that you set, and a state that exIQtive.com works out from today’s date. A pay range has at most one Future version at a time. An archived range shows an Archived tag next to its status.

Add a new version

Add a new version when the market moves. The new minimum and maximum can’t both equal the current version’s. If nothing changes, there is nothing to add, and the drawer shows an error on the amounts until you change one.

Correct a version

Use Correct to fix a mistake in a version that is already published, such as a wrong date or amount.

• A correction changes the version in place. It keeps its number and its status, and it shows a Corrected badge.
• The correction appears in the pay range’s chatter, with the old and new values.
• If you move a start or end date, the neighbor version moves with it, so the timeline keeps no gap. The drawer shows the effect on the neighbor before you save, and the neighbor shows Corrected too.
• A neighbor always keeps at least one day. To remove a version altogether, void it.
• The first version has no earliest limit, so you can move its start date back freely.

A correction never changes the pay plans that already used the range. See Pay plans and the pay range.

Void a version

Use Void when a version should never have existed. Void is in the version’s menu.

• A voided version disappears from the timeline.
• The version before it is extended to cover the days the voided version had, so the timeline still has no gap. exIQtive.com shows you the version that absorbs the days before you confirm.
• If you void the first version, the version after it starts earlier to cover the days.
• If you void the last version, the version before it becomes open-ended again.

ExIQtive.com never deletes a published version. Void is the only way to take one off the timeline.

Retire and reactivate a pay range

Retire stops a pay range from being used going forward. Its history stays.

• Retiring sets every In Force version to Retired.
• The last version ends on the retire date.
• Draft versions are discarded.

Reactivate is the exact opposite of retire. Every retired version returns to In Force with the same dates and amounts, and the range has no retire date again. Reactivating adds no new version. A retired range can still have the retire date corrected on its last version. To publish a new version, reactivate the range first. To use a range again after you archive it, unarchive it first.

Pay plans and the pay range

A pay plan version keeps a copy of the pay range version that applied on the day the plan version started. Correcting, voiding or replacing a pay range version later never changes the plans that already used it.

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