STD_WAGE_RATE_BASIS is a field which holds the unit of measure that the associated rate is being stored or displayed in:

• YR - Yearly/Annual
• MO - Monthly
• SM - Semi-monthly
• BW - Bi-weekly
• WK - Weekly
• DY - Daily
• HR - Hourly
• UN - Unit
• CT - Contract - Normally used for Premiums not Pay Lines
• CL - Contract Limit - Normally used for Premiums not Pay Lines
• $ - Amount

STD_Wage_Rate_Basis will default from the pay line’s assignment and may be overridden.