!!!SALARY RANGES Salary Ranges are used by [{$applicationname}] to hold the possible minimum, midpoint, and maximum salary that may be applied to a job. Salary Range data is maintained on the [P2K_SA_SALARY_RANGES] and [P2K_SA_SALARY_RANGE_DETAILS] tables ;[Range|RANGE_CODE]:This field holds the user-created code that uniquely identifies the range being created. These range codes may or may not be descriptive. Range_Code is a 16-character alphanumeric mandatory field that must be manually entered. ;[Entity|ENTITY_CODE]:You may associate the range code to a specific entity within this field. Entity is a 16-character alphanumeric mandatory field that is created in the Define Entities (IDEN) form. ;[Range Method|RANGE_METHOD]:This field identifies the method that will be used to calculate the range.Two methods are supported: *By Fixed Value is used when the range will be hard coded with flat dollar amounts. i.e. $40,000 minimum, $45,000 midpoint, $50,000 maximum. *By Formula is used when the range for the job will be calculated based on a certain dollar amount per “point” above a base salary. The value of the base salary, plus the dollar value of the points evaluated by job, becomes the midpoint of the range. Maximum and minimum amounts for the range are based on a percentage of this midpoint. ;:Range_Method is a mandatory fixed lexicon (X_RANGE_METHOD) that you may use to select a value. ;[Description|DESCRIPTION]:You may use this field to enter a description of the range code created. Description is an optional 50-character alphanumeric field that may be manually entered. ;[Rate Basis|RATE_BASIS]:This field defines the time period (hour, day, week, year) to be used with the salary range defined. E.G. $40,000 /YR or $16/HR Rate_Basis is a mandatory fixed field (X_Rate_Basis) that you must complete with a selection from the lexicon. ;[Matrix|MATRIX]:This field allows you to associate a salary matrix with the salary range. Matrix is an optional 16-character field which you will fill with a selection from the LOV (F9). \\ ---- !!Fixed Range Values ;[Range Minimum|RANGE_MINIMUM]:If the salary range is defined by a fixed range, this field identifies the minimum value of that range. Range_Minimum is an optional numeric field that may be manually entered. ;[Range Midpoint|RANGE_MIDPOINT]:If the salary range is defined by a fixed range, this field identifies the midpoint value of that range. Range_Midpoint is an optional numeric field that may be manually entered. ;[Range Maximum|RANGE_MAXIMUM]:If the salary range is defined by a fixed range, this field identifies the maximum value of that range.Range_Maximum is an optional numeric field that may be manually entered \\ ---- !!Range Formula ;[Base Amount|BASE_AMOUNT]:If the salary range is defined by a formula, this field holds the base value to be used for the range rule.\\Range Midpoint = Base Amount + (Dollar Per Point x Evaluated Points) Base_Amount is an optional numeric field that may be manually entered ;[Dollar Per Point|DOLLAR_PER_POINT]:If the salary range is defined by a formula, this field holds the dollars “earned” per point awarded at the job level. Dollar_Per_Point is an optional numeric field that may be manually entered ;[Minimum Percent|RAGE_MINIMUM]:If the salary range is defined by a formula, this field holds the percent that will be used to calculate the minimum value of the range. The formula used to calculate the minimum value of the range is as follows:\\Range Min = [Base Amount + (Dollar Per Point x Evaluated Points)] x Minimum % Range_Minimum is an optional numeric field that may be manually entered. ;[Maximum Percent|MAXIMUM_PERCENT]:If the salary range is defined by a formula, this field holds the percent that will be used to calculate the maximum value of the range. The formula used to calculate the maximum value of the range is as follows:\\Range Max =[Base Amount + (Dollar Per Point x Evaluated Points)] x Maximum %\\Range_Maximum is an optional numeric field that may be manually entered \\ __The Evaluated Points used in the above formulas are maintained on the Evaluate Jobs and Positions (ISEV) form for applicable jobs and positions.__ \\ ---- !!Range Modification ;[Action|ACTION]:Within this field you may select an action to increase or decrease the minimum, midpoint and maximum by a specific amount or percentage. Action is an optional alphanumeric field that may be manually entered or retrieved from the LOV. ;[Type|TYPE]:You may identify the amount to increase or decrease as either a percent or fixed rate. Type is an optional alphanumeric field that may be manually entered or retrieved from the LOV. ;[Percent|PERCENT]:If the amount to increase is a percentage, indicate that percentage in this field. ;[Fixed Amount|FIXED_AMOUNT]:If the amount to increase is a fixed amount, indicate that amount in this field. \\ Once you have identified the amount, press the OK button in order to administer the range modification selected. The results will be seen immediately. Once the form has been saved, the results will be made permanent.