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Labour Planning using
HYPERION
OBJECTIVES Review the Labour Planning Process. Assumptions and Collective Agreements in
Hyperion Planning. Review the HR Master data. Hyperion Labour Plan based on initial data
(Pre-Population). How to Adjust Labour Forecast using Hyperion
Planning. Reviewing the Labour Plan using reports.
LABOUR PLANNING PROCESS
SEND 8 Month Review and Budget to GL / COPY to
FINAL version in Hyperion
SEND Employee Master Data from HR
Send Salary Actuals from Payroll
APPROVE
Update Labour Plan Including
New Employees &
One-Time Labour Expenses
Generate Labour Forecast
Update assumptions
SEND Actual $ from GL to Hyperion
PEOPLESOFT / HYPERION INTERFACE
OPERATING / ANCILLARYUNITS
BUDGETINGSERVICES
BUDGETCOMMITTEE
LABOUR PLANNING PROCESS
SYSTEM OVERVIEW• How does Hyperion Planning fit
within MOSAIC?• Principles Used in Development• Data Elements• Data Flow
PeopleSoft GL
PeopleSoftPayrollby Employee
PeopleSoft HR
Hyperion
How does Hyperion Planning fit within MOSAIC?
Hyperion Receives
Salary Expense Actuals from GL Monthly
Hyperion Receives Employee
Master Data from HR twice
a yearHyperion Receives
Salaries from Payroll
When GL & Payroll by
Employee don’t match there’s a
HEDGE
Hyperion Sends FINAL 8 Month review & Budget to GL
PRINCIPLES• Keep it simple
– Design will handle the majority of situations• Focus on budget overall
– Assumptions are applied globally• Maximize performance
– Trade-off between speed and flexibility• Primary purpose is budgeting
– Not intended to replace labour distribution reporting• Allow high level adjustment
– “Hedge” functionality overrides assumptions
DATA ELEMENTS
• Employee Master Data • Assumptions• Salary & Hours Actuals• Employee Adjustable Data• Forecast Data
Employee Master DataSource of Record: PeopleSoft HR
Read Only Employee
LAST NAME_FIRST NAME_EMPLOYEE ID_POSITION NO Start and end dates (if any) Hourly rate
Adjusted for leaves, e.g. 90% of regular pay for research leave Standard hours
Maximum weekly hours (35, 37½, 40) – used as denominator for FTE calculation
Current standard hours (no overtime) Scheduled hours for individual employees, e.g. 17½
hours/week = 0.5 FTE
FTE
Employee Master DataSource of Record: PeopleSoft HR
Read Only
Benefit group, e.g. MUFA, TMG, Unifor1 Job grade and step
Used in salary calculations, may be “None” for some benefit groups
Benefit plan Currently defaulting to DB = Defined benefit pension
GL salary and benefit accounts Stipend amount per pay (no start or end dates)
Taken from last actual pay
Salary Increases
Total Compensation
AssumptionsSource of Record: Budgeting Committee
Read OnlyBudgeting Services will maintain the assumptions in accordance to the collective agreements and the budgeting committee guidelines.
The Assumptions will be available to planners READ ONLY.
Number of pay periods per month
Majority of months will have 2 pay periods, but usually 2 months a year will have 3 pay periods.
Grade % Increase to be applied per fiscal year
Applied only to those Employee groups that receive percentage increase based on merit model as approved by the Budget Committee I.E. TMG
Grade/Step amount increase to be applied per fiscal year
Applied only to those Employee groups that receive amount increase based on a step model based on the current collective agreements I.E. UNIFOR
Merit Increase Effective Month
The Month in which the increase is applied in the forecast.
Benefit % based on Salary Range
Number of Weeks per MonthMajority of months will have 2 pay periods (4 weeks), but usually 2 months a year will have 3 pay periods (6 weeks).Accruals are included in April and Reversals are included in May of each year.
Increase % per Employee Group by GradeApplied only to those Employee groups that receive percentage increase based on merit model I.E. TMG
Increase Amount Grid by Grade and StepApplied only to those Employee groups that receive amount increase based on a step model I.E. UNIFOR
Increase effective PeriodThe Month in which the increase is applied in the forecast.
Benefit % by Salary RangeBenefit % based on Salary Range. Salary ranges jump every $5,000
Salary and Current Hours - ActualsSource of Record: PayRoll
Read Only
This information is loaded monthly (at month end).
Actual hours worked by each employee for the closed periods.
Actual salary paid to each employee for the closed periods.
Actual Benefits paid to each employee for the closed periods.
Employee Adjustable Data
Planners may adjust some Employee values in order to forecast accurately the salary and benefits expense for said employee.
The adjustable entries are:
Employee End Date Hourly Rate Current Standard Hours Over Time Hours Stipend amount per pay Stipend Start and End Dates
Forecasted DataSource of Record: Calculated by Hyperion
Read Only SALARY
Based on the Master data and the Assumptions, Hyperion calculates the total Salary forecast per month per employee for the current year’s open months, as well as for the next 3 years
BENEFITS Based on the Annual salary and the Benefit Assumptions, Hyperion calculates
the total Benefit forecast per month per employee for the current year’s open months, as well as for the next 3 years
FTE Based on the Standard Hours from the Master Data and the Current Standard
Hours, Hyperion calculates the FTE forecasts for the current year’s open months, as well as for the next 3 years.
When planners change any of the adjustable data entries, the system will recalculate the Salaries, Benefits and FTE’s accordingly.
All forecasted data is summarized by account.
FLOW OF LABOUR DATA
Hyperion Operating Expenses
GL
Hyperion Labour Planning
Actual by employee
Hedge
Total actual
Total forecast
Forecast by employee
HR
Flow of Labour Data
Payroll by Account
Labour account totals including JE’s
Labour Account Total
Budget by Account
Employee master data
Payroll by employee
PRE-POPULATION of Labour Forecast
DETERMINE INCREASES
LOAD ACTUALS
FORECAST HOURS
PR
E-P
OP
ULA
TIO
N
SALARIES
HEDGE ACTUALS TO MATCH THE GL
BENEFITSFTE
SalariesBenefits
Stipends
GradeEmp. Group
Step
FO
REC
AS
T
LOGIN Enter the following URL: https
://dmacapps65.mcmaster.ca/Citrix/ Note: This URL is for Training environment ONLY. The
Production URL is indicated in your handouts.
Enter your MACID and password Click on EXCEL Icon entitled SmartView Click on the Open button on the banner in the bottom
part of the screen. A pop-up shows status. Excel opens
OPTIONS setup
Navigation Planners will have the labour
forms available on the SmartView Panel.
To open the form, just double click on the form name.
Planners may have multiple forms open in one excel workbook using different excel sheets.
REVIEW Data loaded from PeopleSoft
Labour Budget Summary by Account Summary forms are specially useful to review when starting the
process of labour budgeting as it will show at a high level the forecast that the system has calculated based on the HR data.
Labour Budget Summary by Account
Labour Budget by Account EmployeeThis Report shows the forecast grouped by GL-Account. It shows all the employees who’s Salary or benefit are being charged to each account.
Review Existing EmployeesThe employee data sent from HR can be reviewed in the EXISTING EMPLOYEES – form. Planners can review the information and determine if there are any adjustment required on an employee (in base salary or in Stipend) in order to calculate a more accurate forecast.
Adjusting Data
Adjusting End Date of an Existing Employee Planners may extend an employee’s end date.
TIP if the end date should be sooner it is best to adjust the hours.
From the Existing Employees READ form. Right click on the employee who’s end date is to be changed. Select SmartView option Select Override Existing Employee End Date option An override form opens showing current end date. Enter new end date. SUBMIT Close override form Validate in Existing Employee form. Navigation:• Hyprdp01>McM_Plan>2.LABOUR>2.2 PLANNERS>01. EXISTING EMPLOYEE-READ
Adjusting Hourly Rate to Existing Employee
If Necessary, planners can adjust the base hourly rate to an employee within their department.
The adjusted rate will be ADDED to the hourly rate loaded from HR. Negative adjustments are valid. Navigation:
Hyprdp01>McM_Plan>Forms>2.Labour>04.1 EXISTING EMPLOYEEs - INPUT
1. Enter Point Of View
2. Enter Hourly rate adjustment. NOTE: The adjusted rate will be ADDED to the hourly rate from the Master File
3. SUBMIT data
Adding or Adjusting Stipend to Existing Employee Planners can also assign a Stipend to an employee within their department. The Stipend may have a specific start and end dates within the forecast period. If no end data is specified, the application will add the stipend up to the end of the
forecast period. If no Start date is specified, the application will add the stipend from the first open month
of the forecast period. Navigation:
Hyprdp01>McM_Plan>Forms>2.Labour>04.1 EXISTING EMPLOYEES - INPUT
1. Enter Point Of View
2. Enter Stipend Rate Adjustment, Stipend start and end date (if any)
3. SUBMIT data
Copying Employee Data Planners may need to Copy the data related to an existing employee into a different Department,
Program or Type. An example is the need to add “One-Time” stipend to an existing Employee. In this case, planners can copy all the master data for said employee into the “One-Time” type and
then enter the stipend using the Existing Employees Input form. From the EXISTING EMPLOYEES- INPUT Form. Select POV. Right Click on editable cell of the employee to be removed to open Menu Select SmartView option. Select Copy Existing Employee. Select the TARGET where the data shall be copied (in the example above, select “One- Time” Type. Click OK.
Copying Employee Data Contd… After the copy function completes, Planners may make changes to the
employee. Following the example, In order to add the stipend, the first step is to change
the POV to type “One-Time”. The employee now shows up and planners may enter stipend, start and end
date.
Adding New Employees Planners can forecast for new employees in their departments. For an new employee, planners will need to enter all the required data to calculate the forecast. Planners can “group” multiple new employees into one New employee for budgeting purposes I.E. use one
new employee for all T.A’s that will all charge to the same GL-Accounts Planners must always use the first empty NEW_EMPLOYEE in the form.
Navigation: Hyprdp01>McM_Plan>Forms>2.Labour>02. NEW EMPLOYEE - INPUT
1. Enter Point Of View
2. Enter the data for NEW EMPLOYEE.NOTE: MUST enter data for NEW_EMPLOYEE_01 always first. If it’s emptyuse it.
3. SUBMIT data
Labour Hours Input Form Sections
Current Standard Hours Total Hourly Rate Total Salary Total Stipend Total Benefits Total Compensation FTE
Labour Hours Input FormCurrent Standard Hours Section
It is in this section where Planners can adjust the current standard hours per employee. The current standard hours are initially calculated by the system based on the employee’s master data.
Employee’s current standard hours * number of weeks in month
Once all master data has been adjusted, planners may validate the individualized forecast using the Labour hours input.
If necessary, planners may adjust hours forecast by employee. From the Labour Hours Input Form Select POV. Refresh Enter the amount of hours per period in the editable cells. Note that the FISCAL YEAR is at the POV, Planners can change the hours for every open fiscal year by selecting the
appropriate year in the POV, and refreshing the form. Submit
Navigation: Hyprdp01>McM_Plan>2.LABOUR>2.2 PLANNERS>05.LABOUR HOURS INPUT
Labour Hours Input FormTotal Hourly Rate Section
This section displays the hourly rate paid to the employee on each month. This section is useful to find what the salary rate is after each merit increase. May be expanded by double clicking on the plus sign (+) next to Year Total
Header
Labour Hours Input FormTotal Salary Section
This section displays the calculated salary on each month based on current standard hours at hourly rate and Overtime hours at 1.5 x hourly rate.
Salary for ACTUALS includes regular pay, overtime pay and stipend. May be expanded by double clicking on the plus sign (+) next to Year Total
Header
Labour Hours Input FormTotal Stipend Section
This section displays the stipend forecast to be paid to the employee at a monthly level based on the stipend per pay and number of pay periods per month.
May be expanded by double clicking on the plus sign (+) next to Year Total Header
Labour Hours Input FormTotal Benefits Section
This section displays the calculated benefits per month based on salary and Benefits in the assumptions tables.
Actual benefits as loaded from HR. May be expanded by double clicking on the plus sign (+) next to Year Total Header
Labour Hours Input FormTotal Compensation Section
This section displays the summary of Salary, Benefits and Stipend. May be expanded by double clicking on the plus sign (+) next to Year Total
Header
Labour Hours Input FormFTE Section
This section shows the annual FTE per employee. NOTE: for 2015 the FTE will NOT be 1 because HR only started in October and we have
no source of record at an employee level for previous months. Actual FTEs for 2015 will be entered at an ACCOUNT level as a HEDGE.
Entering Over Time Hours for any Employee Planners have the option to forecast for overtime at an employee level. From the Labour Overtime Hours Input form Select the POV and refresh. Enter the forecast for overtime hours. Submit Navigation:• Hyprdp01>McM_Plan>2.LABOUR>2.2 PLANNERS>06.LABOUR OVERTIME HOURS INPUT
Entering Hedge at an Account Level Planners may add a forecast at an account level. We call these adjustments HEDGE. From the Hedge Salaries Input form Select POV and Refresh. Enter Hedge at month or year level. Submit
Navigation:• Hyprdp01>McM_Plan>2.LABOUR>2.2 PLANNERS>06.LABOUR OVERTIME HOURS INPUT
Un-Suppress Labour Account for Hedge Planners may un-suppress an account in order to enter a hedge adjustment. Start in the Hedge Salaries Input form. Right Click on any editable cell to open Menu Select SmartView option Select Un-Suppress Labour Account for Hedge. Select Account to Un-suppress from the list. Click OK Account will appear on the form.
Navigation:• Hyprdp01>McM_Plan>2.LABOUR>2.2 PLANNERS>06.LABOUR OVERTIME HOURS INPUT
Copy to What-If Planners may generate forecasts in a parallel “what-if” version. What-If versions are NOT pre-populated, but planners may copy the working version into any what-if
version to use as a starting point. From hours input form Right Click on editable cell to open Menu Select SmartView option Select Copy to What-If Version Select Target Version If Searching Target Version:
Click on Search button Click check mark on What-If version Click to MOVE to selected members pane Click OK
Copy to WORKING From hours input form WHAT-IF version Right Click on editable cell to open Menu Select SmartView option Select Copy What-If to Working Select SOURCE Version If Searching Target Version:
Click on Search button Click check mark on What-If version Click to MOVE to selected members pane Click OK
Q&A
WORKFLOW
How Does Workflow work?
After Planners are done with their changes, they submit the 8 Month Review and Budget to the Envelope Manager for approval.
Envelope managers have the option to approve and submit to Budgeting Services. Or reject changes and send back to the planner for modifications.
How to Submit 8 Month Review for Approval
On the Planning menu, click on Approvals
Select a view from the drop down menu and click Refresh
Highlight a Planning Unit to promote where you are the Current Owner, and click on Change Status. In Approvals window, select Action from the drop down box, and Submit
Refresh the screen to view the current owner (you may need to use Tree View).
What is Hyperion?
BUDGET & FORECAST
FISCAL YEAR
GL- Chartfields
INTERFACE
ACTUALS
BUDGET & FORECASTS
It’s a budgeting tool that allows entering budget and forecast by multiple time periods (fiscal year or Monthly), and by different General Ledger Chartfields: Department, Program, Fund and Account.
Hyperion interfaces directly with PeopleSoft .
The Actuals are taken from PeopleSoft Financial General Ledger as well as Human Resources (for Salaries) and populated into Hyperion for closed months.
Budget, 5 Month Review and 8 Month Review are taken from Hyperion and populated into PeopleSoft Financial General Ledger
PeopleSoft & Hyperion Chartfield Trees
• PeopleSoft Finance General Ledger is the Chartfield source of record.
• The hierarchy structure of the Chartfields is called a “tree”.
• Budgeting Services has created specific Department and Account trees that align with current budget envelopes.
• An example of Department tree:
+ ACADEMIC SUPPORT+ VP ACADEMIC
• Provost Office• IRA• Human Rights & Equity• AVP Academic Faculty
+ REGISTRAR’s OFFICE
• MOSAIC trees are loaded into HYPERION on a monthly basis.
• Any new department, program or account is then available in Hyperion for forecasting or budgeting.
• The tree structure will allow organizing the data in the Hyperion forms and reports.
• In Hyperion, security is provisioned by department.
• Values in Hyperion can ONLY be edited at the lowest level of the tree.
• In the example, if the form is open for the ACADEMIC SUPPORT department, all cells in the form will be read only.
Versions of the 8 Month Review
What-if
• High, medium, low• Modeling budget ideas
What-if versions
Allows planners to create different versions of the forecast for analytical purposes only.
The system offers What-if High, What-If Medium and What-if low versions.
Planners can pre-populate the what-if versions with any other version as a starting point.
Changes performed in a what-if version are NOT moved to PeopleSoft.
Only changes to Working version are moved to PeopleSoft. Planners can copy a What-If version into the Working version.
Bonus Functionality
Copy Data from one department to another. Copy yearly forecast from in between programs or
accounts. Adjust amounts for a range of cells. Add Cell Comments Add Supporting Details to a cell. Locking cells.
Copy Year Total using Function
When to use? Copy year total from one program to another. Copy forecasts from one year to another. Copy the Original Budget into 8 Month Review scenario.
What is copied? The year total is copied over and then spread amongst the
open months keeping the proportion of previous monthly values.
Adjust Data by Percentage Click on any editable cell (yellow in
colour) or a range of cells at a month level.
Right click on the cell and pick the “SmartView” option to open the SmartView menu.
Select the Adjust option from the SmartView menu.
Select the Add fixed value to selected cell(s) radio button and enter the value to increase by in the text box:
Click Adjust Data. Click on SUBMIT.
Adjust data by amount Right click on the cell and pick
the “SmartView” option to open the SmartView menu.
Select the Adjust option from the SmartView menu.
Select the Add fixed value to selected cell(s) radio button and enter the value to increase by in the text box:
Click Adjust Data. Click on SUBMIT.
WORKFLOW
Pre-population of Labour Forecast Populate Actual months with actuals by employee. Apply Hedge by account if necessary. Calculate forecast hours worked based on master Data Current Standard
hours in a week multiplied by the amount of weeks in each Month (as per the assumptions table).
Calculate the Base Salary by multiplying the hourly rate by the amount of hours per month.
Determine type of increase (by % or by amount) according with the employee group.
For employees with grade and step, apply yearly step increase at the mid year point.
For employees receiving % increase, apply % increase on the month established in the assumptions forms.
Add to base salary, any stipends by pay period that were loaded from PS HR.
Calculate FTE by dividing the total current standard hours forecasted by the total standard hours.