Steps for Defining Grade Compensation:
1. Click Compensation in Settings section and select "Grade Compensation"
Compensation > Grade Compensation
2. List of all added Grades and Levels (as defined in "Grades and Levels" Section of Organization structures) gets displayed based on hierarchy
3. Click Edit on each level and select the annual & monthly components(defined in "Compensation heads section" of this guide) applicable to this level
4. Enter the minimum and maximum value for each component and Click "Save"
Repeat the above steps to define for each level.