This page (revision-24) was last changed on 26-Nov-2021 10:22 by kparrott

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

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21 26-Nov-2021 10:22 26 KB JMyers to previous | to last

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USING SALARY RATE METHODS
USING SALARY RATE METHODS

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P2K provides for the ability to compute an hourly rate for salaried employees so that when hours are entered into the system from any of the various sources, the rate of pay is computed (Formulae explained in this document) in such a way that the proper wages are generated.
P2K provides for the ability to compute an hourly rate for salaried employees so that when hours are entered into the system from any of the various sources, the rate of pay is computed (Formula explained in this document) in such a way that the proper wages are generated.
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A new rate routine to calculate “Variable Rate”, and ‘Variable Time” method is created. See “Business Case Examples” later in this document.
A new rate routine to calculate “Variable Rate”, and ‘Variable Time” method is created. See “Business Case Examples” later in this document.
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Pay Component Configuration
!!Pay Component Configuration
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Scheduled Employees
!!Scheduled Employees
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Variable Rate Hours
!!Variable Rate Hours
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Example:
!Example:
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Example:
!Example:
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Variable Rate (Element)
!!Variable Rate (Element)
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This page (revision-24) was last changed on 26-Nov-2021 10:22 by kparrottTop