The new Compensation tab in the Financial Workspace centralizes HR-focused financial insights, making it easier for HR and Finance teams to collaborate. In this article, you will learn what this tab offers, how to use it, and how it differs from the previous Payroll tab.

Overview

The Compensation tab brings together key financial data in one place. It allows HR and Finance teams to:

• Access up-to-date compensation information.
• Filter and group data by familiar dimensions.
• Ensure only validated, finalized data is visible.

This feature replaces the former Payroll tab for Compensation clients, while legacy Payroll clients continue to access their data as before.

How to use

1. On your sidebar, go to Finance → Workspace
2. Select the Compensation tab
   

   

3. Use Filters and Group by options to view data by desired dimensions.
4. Access the Settings > Compensation > Payroll concepts to control what appears in financial workspace.
   

   Note that new data becomes visible only after the period is closed.

    

   For legacy Payroll clients: continue using the Payroll tab—no immediate changes.

    

Tips and Best Practices

1. Regularly close periods in Compensation to ensure data is up-to-date in financial workspace.
2. Customize payroll concept categories to match your reporting needs.
3. Take advantage of the flexibility in filtering and grouping to generate tailored insights for HR and Finance collaboration.

FAQ

1. Can I still use the old Payroll tab?
   Yes, legacy Payroll clients continue to access data there. Compensation clients will see the new Compensation tab instead.
    
2. Can I upload historical payroll data?
   No, only current and upcoming periods are supported.
    
3. How can I reorganize payroll concepts in financial workspace?
   Go to Settings > Compensation > Payroll concepts to modify which categories appear.