This page (revision-16) was last changed on 26-Nov-2021 10:22 by jmyers

This page was created on 26-Nov-2021 10:22 by JMyers

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Version Date Modified Size Author Changes ... Change note
16 26-Nov-2021 10:22 5 KB jmyers to previous AUTO_APPROVAL ==> AUTO_APPROVAL(Field)
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At line 12 changed one line
Maintain Salary Matrices Usage and Examples
!!Maintain Salary Matrices Usage and Examples
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;[Entity|ENTITY_CODE]:Salary matrices must be associated with an entity. Users may enter the company name, or use the LOV to choose an entity. Entity is a 16-character alphanumeric mandatory field that you must fill with a selection from the LOV. Values for this field are created in the Define Entities (IDEN) form.
;[Entity|ENTITY_CODE]:Salary matrices must be associated with an entity. Entity is a 16-character alphanumeric mandatory field that you must fill with a selection from the LOV. Values for this field are created in the Define Entities ([IDEN]) form.
At line 21 changed 2 lines
;[End Date|MATRIX_END_DATE]:This field shows the date after which the matrix will no longer be valid/applicable. There is no restriction made by the system on how long a matrix may be valid.
Matrix_End_Date is a mandatory date field that must be entered using DD-MMM-YYYY format.
;[End Date|MATRIX_END_DATE]:This field shows the date after which the matrix will no longer be valid/applicable. There is no restriction made by the system on how long a matrix may be valid. Matrix_End_Date is a mandatory date field that must be entered using DD-MMM-YYYY format.
At line 24 changed 2 lines
;[Description|DESCRIPTION]:This field allows you to enter a description of the matrix code created.
Description is a 50-character alphanumeric optional field that may be manually entered.
;[Description|DESCRIPTION]:This field allows you to enter a description of the matrix code created. Description is a 50-character alphanumeric optional field that may be manually entered.
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;[Overall Rating|OVERALL_RATING]:This is the rating that is being tracked for this record in the matrix. Overall_Rating is a required, user-defined lexicon (X_OVERALL_RATING), which you may choose from the list of values.\\ \\For each matrix code there may be many records based on the number of rating levels being used by the company. After one record is defined, use the Add icon to add a 2nd, 3rd, etc. record. Once more than one record has been saved, use the up/down arrow buttons on the horizontal toolbar to move amongst the records.
;[Overall Rating|OVERALL_RATING]:This is the rating that is being tracked for this record in the matrix. Overall_Rating is a required, user-defined lexicon ([X_OVERALL_RATING]), which you may choose from the list of values.\\ \\For each matrix code there may be many records based on the number of rating levels being used by the company. After one record is defined, use the Add icon to add a 2nd, 3rd, etc. record. Once more than one record has been saved, use the up/down arrow buttons on the horizontal toolbar to move amongst the records.
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The Percentage Area is used to hold the recommended salary level that should be awarded to employees with various overall ratings and current compa-ratios. For each combination of level/compa-ratio, companies define a recommended percentage and a minimum and maximum point that will control the salary changes that may be made.
The Percentage Area is used to hold the recommended salary level that should be awarded to employees with various overall ratings and current compa-ratios. For each combination of level/compa-ratio, companies define a recommended percentage and a minimum and maximum point that will control the salary changes that may be made.
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;[Minimum Percent|MINIMUM_PERCENT]:For each rating/approval record, this field defines the minimum percent (of the range rule applicable) that is allowed for an employee with this approval rating and compa-ratio. Minimum_Percent is an optional, 5-character numeric code that may be manually entered.
;[Minimum Percent|MINIMUM_PERCENT]:For each rating/approval record, this field defines the minimum percent (of the range rule applicable) that is allowed for an employee with this approval rating and compa-ratio. Minimum_Percent is an optional, 5-character numeric code that may be manually entered.
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;[Maximum Percent|MAXIMUM_PERCENT]:For each rating/approval record, this field defines the maximum percent (of the range rule applicable) that will be allowed for an employee with this approval rating and compa-ratio. Maximum_Percent is an optional, 5-character numeric code that may be manually entered.
;[Maximum Percent|MAXIMUM_PERCENT]:For each rating/approval record, this field defines the maximum percent (of the range rule applicable) that will be allowed for an employee with this approval rating and compa-ratio. Maximum_Percent is an optional, 5-character numeric code that may be manually entered.
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;[Recommended Percent|RECOMMENDED_PERCENT]:For each rating/approval record, this field defines the company-recommended percentage (of the range rule applicable) that should be awarded to an employee with this approval rating and compa-ratio. This percentage may be used by programs to create a pending personnel action form. Managers would then have the capability of raising or lowering the salary within the recommended minimum and maximum percent ratings, above.
Recommended_Percent is an optional, 5-character numeric code that may be manually entered.
;[Recommended Percent|RECOMMENDED_PERCENT]:For each rating/approval record, this field defines the company-recommended percentage (of the range rule applicable) that should be awarded to an employee with this approval rating and compa-ratio. This percentage may be used by programs to create a pending personnel action form. Managers would then have the capability of raising or lowering the salary within the recommended minimum and maximum percent ratings, above. Recommended_Percent is an optional, 5-character numeric code that may be manually entered.
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;[Compa-Ratio Limit|COMPO_RATIO_LIMIT]:This field allows you to specify the maximum salary range that an employee at this overall rating/compa ratio level is allowed to earn. For example, if an employee is at a high level of salary, the current salary percent increase may take him/her to a salary level (compa-ratio) that is over the company limit. This field is used to maximize the compa-ratio that will result from the percentage increase, and therefore is used to maximize the salary an employee can earn.
;[Compa-Ratio Limit|COMPO_RATIO_LIMIT]:This field allows you to specify the maximum salary range that an employee at this overall rating/compa ratio level is allowed to earn. For example, if an employee is at a high level of salary, the current salary percent increase may take him/her to a salary level (compa-ratio) that is over the company limit. This field is used to maximize the compa-ratio that will result from the percentage increase, and therefore is used to maximize the salary an employee can earn.