This page (revision-2) 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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Version Date Modified Size Author Changes ... Change note
2 26-Nov-2021 10:22 3 KB JMyers to previous
1 26-Nov-2021 10:22 3 KB JMyers to last

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TERMINOLOGY-SA
TERMINOLOGY-SA

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;Salary Contract Employee:An employee who receives their contract amount over equal pay periods (Base Pay), but actually earns the salary based on the days paid in the pay period.
;Salary Employee:A permanent employee who receives an equal payment amount for each pay period for their regular wages. A salary employee may or may not be eligible for overtime.
;Salary Ranges:General guidelines for the compensation an employee is to receive. They are used by HHRMePersonality to hold the possible minimum, midpoint, and maximum salary that may be applicable to a job.
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;Wage Step Rules:Used to define the criteria needed to move an employee through the steps within a scale, and to trigger this event, increasing (or decreasing) the employees’ wages.
;Wage Surveys:Standards (internal or external) that determine the possible wage to be paid for a job or position. Wage surveys may be affected by industry or company standards of pay.
;Wages (Wage Scales):Consist of a grouping of ‘steps’ that an employee can usually progress through when certain specifications have been achieved.
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[{InsertPage page='Internal.TERMINOLOGY-SA' default='Click to create a new notes page'}]
Salary Contract Employee An employee who receives their contract amount over equal pay periods (Base Pay), but actually earns the salary based on the days paid in the pay period.
Salary Employee A permanent employee who receives an equal payment amount for each pay period for their regular wages. A salary employee may or may not be eligible for overtime.
Salary Ranges General guidelines for the compensation an employee is to receive. They are used by HHRMePersonality to hold the possible minimum, midpoint, and maximum salary that may be applicable to a job.
Wage Step Rules Used to define the criteria needed to move an employee through the steps within a scale, and to trigger this event, increasing (or decreasing) the employees’ wages.
Wage Surveys Standards (internal or external) that determine the possible wage to be paid for a job or position. Wage surveys may be affected by industry or company standards of pay.
Wages (Wage Scales) Consist of a grouping of ‘steps’ that an employee can usually progress through when certain specifications have been achieved.
This page (revision-2) was last changed on 26-Nov-2021 10:22 by JMyersTop