PREMIUM INTERFACE FILE#
The Premium Interface File screen is used to import premium data into the software data structures.
Premium Interface File data is maintained on the INF_CV_PREMIUMS table.
- ID
- This field identifies the premium record within the data base.
- Entity
- Premiums are associated with the entity identified in this field.
- Unit
- Each premium must be associated with a unit which may be identified in this field.
- Premium
- The name of the premium is identified in this field.
- Description
- This field holds a description of the premium code.
- Premium Type
- In this field, the premium is categorized into one of the premium types created in the ISPT form.
- Premium Type Sequence
- The sequence field is used to determine an order of priority for premiums.
- Effective as of/Expires On
- If the premium is time limited, these field define that time period.
- Change Reason
- This field displays the ‘Change Reason’ code, which provides the rationale as to why information has been created or changed as of an effective date.
- Pay Component Dollars
- This field specifies the pay component code to which dollar amounts are associated with the premium.
- Pay Component Time
- This field specifies specifies the pay component code to which time amounts are associated with the premium.
- Calculation Rule
- Premium Calc rule is the rule that will be used to calculate the premium.
- Rate Basis
- This field defines the time period (hour, day, week, year) used with the premium rate value provided.
- Rate
- This is the rate that will be used when the Premium Calc rule includes “premium rate” in the formula.
- Premium Prorated
- This field will indicate if the premium paid will be prorated based on the employee’s FTE value.
- Frequency
- This field will indicate how often the payroll item (deduction, benefit, attendance policy etc.) is processed.
- Pay Point Type
- This field displays the point in the payroll cycle when the premium should be processed.
- Pay Point Sequence
- This field defines the sequential order of each step taken within a pay point.
- Replacement Options
- This field indicates if the hours and/or earnings will be replaced by the new hours and/or earnings (including premium) calculated when the pay line is generated. The premium will remain attached to the pay line for audit purposes.
- Highest Rate of Day
- This field indicates if the toggle is ON it provides the ability to apply the highest rate of pay received on that day worked including premiums.
- Premium Wage Source
- This field defines the source of the premium, either from the pay line or from the highest scale/step rate on the position rec
- User Variable
- This field displays a specific user variable for a premium rather than relying on the user variable associated with the pay component.
- Custom Premium Logic
- If you require custom premium logic, contact your consultant.
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