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Understanding Frequency IDs

These topics discuss:

Frequency IDs

Frequency IDs are used in PeopleSoft Human Resources, Global Payroll, and Payroll for North America. Frequency IDs are defined on the Frequency Table component (FREQUENCY_TBL). Each frequency ID has a frequency type and an associated annualization factor that represents the number of times that the period occurs in the course of a year.

In PeopleSoft HCM, you use frequency IDs to define the periods of time in which compensation is quoted, standard hours are completed, and people are paid, to list a few examples.

PeopleSoft delivers a set of standard frequencies that are PeopleSoft-maintained. You can define additional, customer-maintained frequencies for nonstandard periods. For example, you could define a monthly-type frequency with a nonstandard annualization factor of 13 to represent 13 monthly periods in a year

PeopleSoft-Maintained Frequencies

PeopleSoft delivers and maintains the following frequency IDs in the Frequency Table component:

Frequency ID

Description

Frequency Type

Annualization Factor

A

Annual

Annual

1

B

Biweekly

Biweekly

26

BMX30

Biweekly Mexico Factor 30.0

Biweekly

25.7142857

BMX34

Biweekly Mexico Factor 30.4

Biweekly

26.0571428

C

Contract

Contract

1

D

Daily

Daily

260

D365

Diaro 365 dias

Daily

365

D426

Daily 14 Payments

Daily

426

DAR30

Daily Argentina Facto 30.0

Daily

360

DMX30

Daily Mexico Factor 30.0

Daily

360

DMX34

Daily Mexico Factor 30.4

Daily

364.8

F

Every four weeks

Every four weeks

13

H

Hourly

Hourly

Use Standard Hours for Annualization

HMX30

Hourly Mexico Factor 30.0

Hourly

2880

HMX34

Hourly Mexico Factor 30.4

Hourly

2918.4008

JM

Japan Monthly

Monthly

12

M

Monthly

Monthly

12

M13

Monthly 13 payments

Monthly

13

M14

Monthly 14 payments

Monthly

14

Q

Quarterly

Quarterly

4

S

Semimonthly

Semimonthly

24

SMX34

Semimonthly Mexico Factor 30.4

Semimonthly

24.32

W

Weekly

Weekly

52

WMX30

Weekly Mexico Factor 30.0

Weekly

51.4285714

WMX34

Weekly Mexico Factor 30.4

Weekly

52.1142857

Frequency with Compensation Rates

When you associate frequency with compensation rates, you define the time period on which the compensation is based. For example, you might state a worker's base salary as 60,000 a year (annual frequency) or 5,000 a month (monthly frequency). When you associate these compensation rates with jobs, positions, salary steps, or individual job records, the system uses the annualization factor that is associated with this frequency to convert the compensation to other frequencies.

When you set up PeopleSoft Human Resources, you can define default compensation frequencies at several levels. You can usually change that default value when the system enters it into other pages.

This table lists important pages on which compensation frequencies are either specified or used:

Component or Page

Default Compensation Frequency Value

Default Frequencies page (DFLT_FREQUENCY)

Specify default frequencies for each country and specify the order in which the system uses them to display base pay compensation in the Pay Rates group box on the Compensation page of the Job Data component.

Compensation page (JOB_DATA3) of the Job Data component (JOB_DATA)

Displays base pay compensation information in the frequencies that are specified for the country on the Default Frequencies page

HCM Options page (INSTALLATION_TBL1B) of Installation Table component (INSTALLATION_TBL)

Set a default compensation frequency and a default work period for your organization. The system enters these default values in the Job Code table.

Job Code Profile page (JOBCODE_TBL1_GBL) of Job Code component (JOB_CODE_TBL)

Default compensation frequency and default work period values are taken from the Installation table.

Comp Rate Code Table component (COMP_RATECD_TBL)

Specify rate code frequencies on the Comp Rate Code table. The system enters these default values when you select the rate code in a pay components group box (found on a number of pages in PeopleSoft HCM).

You can also specify here whether the FTE (full-time equivalency) calculation should be applied to the compensation associated with the rate code.

Define Salary Plan component (SALARY_PLAN_TABLE)

Specify default frequency for components of pay assigned to salary steps.

Pay Group Table component (PAYGROUP_TABLE)

Specify daily and monthly frequencies for the pay group . The system uses the frequency information to calculate pay rates.

Frequency with Payroll Calculations

Global Payroll and Payroll for North America use frequency to define how often certain events happen.

Global Payroll uses frequency IDs when defining elements, generation control parameters, calendar periods, rate code elements, and system elements. In addition to using frequency defined on the Frequency Table page, Global Payroll also uses frequency defined on the Generation Control Frequency page (GP_GCTL_FREQUENCY).

Payroll for North America uses frequency IDs to define pay period frequency and to calculate pay rates and proration of pay.