·         Create a Comp Cycle, and set it to the current

·         After the Comp Cycle is created, set up the Budget if the field(s) already exist.

·         Validate and import data for lookup data.

o   Examples would include Job Codes, Locations, Departments, Salary Ranges, etc.

o   Note, for any that are comp cycle specific, you can export the existing data, update the comp cycle, and import the data back in.

·         Once new lookup data is in, import any new employees to the Employee object.

·         Now that the employee object has everyone needed for the new cycle, import all employees required to the new Employee Comp Cycle Object for this cycle.

·         After this, if FX rates are changing then import these in Data Management > Resource Center button > on the Currency Schedules tab.

o   The required effective date would be in or before the cycle start date.

·         Validate the approval structure field(s) that will be used for the Review Chain.

·         Once validated go to the new Comp Cycle and set the field for your Review Chain hierarchy.

·         Create any new user accounts required for the new cycle.

·         Update any old user account if access needs changed or Proxy dates need to be updated.

·         Validate the Grid(s) setup that will be used with the current cycle, including the behavior of the calculated fields.

·         Proxy to at least one user per role to validate that the role rights, employee access, and review page look as expected.

·         If needed, update any role access.