A440 Legal Earnings Element (consisting of non-attendance components)#
This component is required when entitlement must be compared with a legal percentage of earnings. Legal Earnings may be used at sites where the calculation of entitlement is not the same as is legally required.
Choose the rule that is used as the ‘Legal Earnings Element’ rule.
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Increment | Adds the current value of the specified <Element> to the accrual record. The value of the element will be used as the value of the legal earnings. Use the increment rule when the element contains only the current period earnings. | A540 A640 | A450 |
| 02 | Rederive | Overwrites the accrual record with the current value of the <Element> specified. The value of the element will be used as the value of the legal earnings. Use the rederive rule when the element contains the leave policy year to Date earnings. | A540 A640 | A460 |
Users may record Legal Earnings, Percentage and Amount (A440, A540 and A640), as well as Regular Earnings, Percentage and Amount (A400, A500 and A600). Attendance components for payout at termination allow users to choose to pay either of the amounts, as required.
