You have a seniority dynamic calculated plan to increase the amount of the plan every three years of an employee's employment. An employee reaches their sixth anniversary. What do you need to do to make sure this employee's plan updates with the new amount?

Dynamic calculated plans in Workday are designed to update automatically based on changes to the inputs of the calculation. For a seniority-based plan, an employee's length of service is a key input. Workday runs a background process, "Update Calculated Plan Assignments," which typically runs daily. This process re-evaluates the eligibility and calculation for employees assigned to such plans. When an employee reaches their six-year anniversary, this process will automatically detect the change in their years of service and update the plan amount accordingly without any manual intervention.

A. This describes a manual process. The purpose of a dynamic calculated plan is to avoid the need for manual identification and updates.
B. Automatic Step Progression is a specific process used for grade and step-based compensation structures, not the general mechanism for all dynamic calculated plans.
C. A Mass Operation Management (MOM) task is a tool for performing bulk manual changes and is not the intended automated trigger for this type of plan.

1. Workday Compensation Administrator Guide: In the section on "Calculated Plans," the documentation explains that these plans derive amounts from calculations that use other data within Workday. It details the "Update Calculated Plan Assignments" background process which runs automatically to update these plan amounts when the underlying data (like service dates) changes.

2. Workday HCM Core Concepts Guide: The guide discusses business processes and data updates. It clarifies that certain system-level processes run on a recurring schedule to maintain data integrity and apply updates based on effective-dated changes, which includes recalculating compensation components tied to dynamic inputs like seniority.

3. Workday Community, "Calculated Plan Not Updating": Numerous articles and discussions on the official Workday Community platform confirm that the standard behavior for calculated plans is automatic updates via a daily background process. Troubleshooting steps often involve checking the configuration of the calculation and the status of the "Update Calculated Plan Assignments" process, reinforcing that no manual action like a compensation change request is the standard procedure.