USWS - SCALE BASE DATE#
This date field will determine which effective date Scale Wage Rate the wage rate change will use to calculate the new wage rate. Some clients will use a wage rate other than the most recent to apply a wage rate change to and this date field will allow for that option.
- Blank Field
- This will apply the wage rate change to the last effective date record and use this wage rate for the new updated scale wage rate.
- Date Entered
- The wage rate change will be applied to the wage rate that is associated with the entered date. The result will be added to the current wage rate.
:Example:;
This is a record of wage rate changes for a single step in ISWS
Start Date | End Date | Scale Rate | Basis |
---|---|---|---|
01-Jan-0001 | 25-Jun-2008 | 120.00 | WK |
A 3% wage increase is planned for 01-Jan-2013
Scale Base Date field blank The calculation will be 128.52 x 3% = 3.86 + 128.52 = 132.38
Scale Base Date field 01-Jan-0001 The calculation will be 120.00 x 3% = 3.6 + 128.52 = 132.12
The new effective date wage rate will be either one of the examples below depending on the use of the scale base date field:
01-Jan-2013 31-Dec-3999 132.38 WK 01-Jan-2013 31-Dec-3999 132.12 WK