HIGHEST_RATE_OF_DAY
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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. 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.

X_HIGHEST_RATE_OF_DAY is a fixed lexicon with the following values:
Saved
Value
Displayed ValueMeaning
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.