How to Set Up the Compensation App in GoCo

The Compensation App is designed to simplify how employment and compensation change requests are submitted, reviewed, and managed. Whether you're a manager or an admin, this tool helps streamline approvals and reduce manual work.

🌟 What is the Goal of this Feature?

The Compensation App provides a user-friendly and efficient solution for:

• Submitting and reviewing employment and compensation change requests
• Managing request permissions across your organization
• Notifying the right people at the right time

It’s built to reduce time and effort for both managers and admins while ensuring control and accuracy.

🛠 Step-by-Step Setup Guide

Step 1: Add the Compensation App

• Navigate to the GoCo Marketplace from the left navigation menu. 
• In the search bar type "Compensation"
• Add the Compensation App to your account by clicking "Set Up" to begin the process
  

  If you do not have Compensation as a part of your plan. Please connect with your Client Success Manager. 

Step 2: Employment and Compensation Requests

In this step, you’ll configure which fields managers can take action on by setting permissions. The fields will broken down by two categories, Employement & Compensation and Custom Fields.

Permission Levels:

• Can View (Default):
  Managers can view compensation and employment data for direct and indirect reports they already have access to.
  
  
• Can Request:
  Managers can submit requests for changes to fields they have access to. This is required if you want managers to initiate change requests.
  
  
• Can Edit:
  Managers can make direct changes from the employee profile or the setup wizard, in addition to submitting requests through the Compensation App.

✅ Tip: Review each field and adjust permissions based on your company’s workflow and who should be allowed to take action.

Step 3: Employment & Compensation Approvers

Set up who can approve or deny change requests.

• By default, only Full Access Admins (FAAs) can review, approve, or deny requests.
• You can keep this default or expand access depending on your internal approval structure.

Step 4: Notifications

Customize who receives email alerts when change requests are submitted.

• You can choose which FAAs should receive notifications.
• Only admins can receive these alerts — managers submitting requests will not receive confirmation emails from this screen.

Step 5: Review & Finish

The final step gives you a summary of your setup:

• Review each configuration
  
• Go back and edit if needed
• When everything looks good, click Finish.

You’re all set! The Compensation App is now ready to be used for managing employment and compensation requests more efficiently.

If you have additional questions please email us at support@goco.io