This page (revision-11) was last changed on 26-Nov-2021 10:22 by JMyers

This page was created on 26-Nov-2021 10:22 by JMyers

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At line 9 changed 23 lines
;[Entity|ENTITY_CODE]:
;[Unit|UNIT_CODE]:
;[Premium|PREMIUM_CODE]:
;[Description|DESCRIPTION]:
;[Premium Type|PREMIUM_TYPE_CODE]:
;[Premium Type Sequence|PREMIUM_TYPE_SEQUENCE]:
;[Effective as of|EFFECTIVE]:
;[Expires On|EXPIRY]:
;[Change Reason|CHANGE_CODE]:
;[|PC_CODE_DOLLARS]:
;[|PC_CODE_TIME]:
;[Calculation Rule|PREMIUM_CALC_RULE]:
;[Rate Basis|RATE_BASIS]:
;[Rate|PREMIUM_RATE]:
;[Premium Prorated|PREMIUM_PRORATED]:
;[Frequency|FREQUENCY_CODE]:
;[Pay Point Type|PAY_POINT_TYPE]:
;[Pay Point Sequence|PAY_POINT_SEQUENCE]:
;[Replacement Options|REPLACEMENT_OPTION]:
;[Highest Rate of Day|HIGHEST_RATE_OF_DAY]:
;[Premium Wage Source|PREMIUM_WAGE_SOURCE]:
;[User Variable|USER_VARIABLE_CODE]:
;[Custom Premium Logic|CUSTOM_PREMIUM_LOGIC]:
;[Entity|ENTITY_CODE]:Premiums are associated with the entity identified in this field.
;[Unit|UNIT_CODE]:Each premium must be associated with a unit which may be identified in this field.
;[Premium|PREMIUM_CODE]:The name of the premium is identified in this field.
;[Description|DESCRIPTION]:This field holds a description of the premium code.
;[Premium Type|PREMIUM_TYPE_CODE]:In this field, the premium is categorized into one of the premium types created in the [ISPT] form.
;[Premium Type Sequence|PREMIUM_TYPE_SEQUENCE]:The sequence field is used to determine an order of priority for premiums.
;[Effective as of|EFFECTIVE]/[Expires On|EXPIRY]:If the premium is time limited, these field define that time period.
;[Change Reason|CHANGE_CODE]:This field displays the ‘Change Reason’ code, which provides the rationale as to why information has been created or changed as of an effective date.
;[Pay Component Dollars|PC_CODE_DOLLARS]:This field specifies the pay component code to which dollar amounts are associated with the premium.
;[Pay Component Time|PC_CODE_TIME]:This field specifies specifies the pay component code to which time amounts are associated with the premium.
;[Calculation Rule|PREMIUM_CALC_RULE]:Premium Calc rule is the rule that will be used to calculate the premium.
;[Rate Basis|RATE_BASIS]:This field defines the time period (hour, day, week, year) used with the premium rate value provided.
;[Rate|PREMIUM_RATE]:This is the rate that will be used when the Premium Calc rule includes “premium rate” in the formula.
;[Premium Prorated|PREMIUM_PRORATED]:This field will indicate if the premium paid will be prorated based on the employee’s FTE value.
;[Frequency|FREQUENCY_CODE]:This field will indicate how often the payroll item (deduction, benefit, attendance policy etc.) is processed.
;[Pay Point Type|PAY_POINT_TYPE]:This field displays the point in the payroll cycle when the premium should be processed.
;[Pay Point Sequence|PAY_POINT_SEQUENCE]:This field defines the sequential order of each step taken within a pay point.
;[Replacement Options|REPLACEMENT_OPTION]:This field indicates if the hours and/or earnings will be replaced by the new hours and/or earnings (including premium) calculated when the pay line is generated. The premium will remain attached to the pay line for audit purposes.
;[Highest Rate of Day|HIGHEST_RATE_OF_DAY]:This field indicates if the toggle is ON it provides the ability to apply the highest rate of pay received on that day worked including premiums.
;[Premium Wage Source|PREMIUM_WAGE_SOURCE]:This field defines the source of the premium, either from the pay line or from the highest scale/step rate on the position rec
;[User Variable|USER_VARIABLE_CODE]:This field displays a specific user variable for a premium rather than relying on the user variable associated with the pay component.
;[Custom Premium Logic|CUSTOM_PREMIUM_LOGIC]:If you require custom premium logic, contact your consultant.
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[{If var='loginstatus' contains 'authenticated'
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![Discussion|Edit:Internal.IVSPM]
[{InsertPage page='Internal.IVSPM' default='Click to create a new discussion page'}]
![Notes|Edit:Internal.IVSPM]
[{InsertPage page='Internal.IVSPM' default='Click to create a new notes page'}]
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}]