The Anaplan Global Compensation for Banking model example provides large banks with a scalable and agile planning and modeling platform, allowing reward teams to model out and optimize bonus pools and deferral calculations across the entire organization, and also benchmark employees’ performance.

Allocate the Bank’s total bonus pool to divisions and cost centers leveraging driver-based calculations on the prior years data and the ability to refine amounts for the current year.
Review the bonus amounts allocated to Business Line Managers' direct reports, analyze the consistency of the bonus ratios by positions and by gender.
Define eligibility rules allowing to group employees by proportion of bonus to be deferred. As an employee could match several selection criteria, set an order of priority between the rules.
Relying on the definition of deferral rules allowing to group employees by bonus deferral schemes, calculate for each employee the deferred bonus by types of vehicles and the monthly-based projection of the bonus payout based on multi-year vesting schedules.
For any given employee, run multiple scenarios of calculations of the bonus amounts involving different vehicle mix &/or vesting schedule assumptions.
At the group level, review the projections of bonus and total compensation amounts, run multiple scenarios of analysis and zoom in for a specific country, division or department.

Business function

HR: Workforce Planning

Industry

Banking

Size

1.02 GB

Language

English

Modules

46

Roles

4

Formulas

455

Reports

20

Complexity

Master

Significantly reduce lead time when processing compensation plans and bonus deferral calculations.

Increase transparency and trust on data and calculations, ease regulator’s audit.

Empower the Reward team with real-time scenario planning capabilities and help the Remuneration Committee make better-informed decisions.

Improved monitoring of the cost/income ratios by divisions, cost centers and employees with performance benchmarking and scenario analysis.