When you add compensation to someone's profile, you must select a compensation type. You can manage compensation types within your compensation settings.
Click your name in the top right, then click Settings.
On the settings menu click Employee data, then click Compensation.
By default there are three compensation types:
Bonus
Once
Salary
You can edit these or add more types of your own.
📎NOTE: There are two different variations of compensation types, which you select as you add or edit:
Ongoing payment - This option is for regular, ongoing salary payments, which you pay them on a regular interval
Single payment - This option is for one-time payments, such as a bonus
You can create multiple compensation types that are ongoing payments, but an employee can only have one ongoing payment compensation type at a time.
Add compensation type
If you need to create more compensation types, this is possible.
Scroll down to Compensation types.
Click Add compensation types.
Enter a title, then select a payment type - ongoing or single payment.
Click Add.
Edit compensation type
To amend an existing compensation type, click the pencil icon next to it, make your changes, then click Save.
Delete compensation type
To remove compensation as an option, click the rubbish bin icon next to it, make your changes, and then click OK to confirm.