HIGHEST_RATE_OF_DAY is a field which applies the higher of the wage rates derived from either the ‘Rate Source’ chosen, or from the Employee Prime Assignment Rate. The ‘Highest Rate of the Day’ logic is invoked independently and at a later point in time (during UPAUDT). It compares the ‘Wage Rate’ stamped on the Pay Line Detail, to the highest ‘Wage Rate’ on all Pay Line Details. After choosing the higher, the calculation rule is applied and the individual amounts generated.
Saved Value | Displayed Value | Meaning |
---|---|---|
0 | Not Specified | |
1 | Rate (All Day) | Rate will not take into account any premiums and will be used for all transactions for that day. |
2 | Rate + Prem (All Day) | Rate will take info account any premiums associated with the pay component and attached to either the job, position, assignment or transaction record. |
3 | Rate (This Tran Only) | Rate will not take into account any premiums and will only be used for that transaction. |