PeopleSoft Enterprise Human Resources Administer Compensation Preface
This preface discusses:
Note. This PeopleBook documents only page elements that
require additional explanation. If a page element is not documented with the
process or task in which it is used, then either it requires no additional
explanation or it is documented with common elements for the section, chapter,
PeopleBook, or product line.
PeopleSoft Products
This PeopleBook refers to the following PeopleSoft product: PeopleSoft
Enterprise Human Resources Administer Compensation.
PeopleSoft Enterprise Application Fundamentals
The PeopleSoft Enterprise Human Resources Enterprise 9.1
PeopleBook: Administer Compensation provides implementation and
processing information for your PeopleSoft Enterprise Human Resources Administer
Compensation system. Additional, essential information describing the setup
and design of your system appears in a companion volume of documentation called PeopleSoft
Enterprise HRMS 9.1 Application Fundamentals PeopleBook. Each
PeopleSoft Enterprise product line has its own version of this documentation.
PeopleSoft Enterprise HRMS 9.1 Application Fundamentals
PeopleBook consists of important topics that apply to many or
all PeopleSoft Enterprise applications across the PeopleSoft Enterprise HRMS
product line. No matter which HRMS products you are implementing, you should
become familiar with the contents of this central PeopleBook. It is the starting
point for fundamentals, such as setting up control tables and administering
security.
See Also
PeopleSoft Enterprise HRMS Application Fundamentals Preface
PeopleBooks and the Online PeopleSoft Library
A companion PeopleBook called PeopleBooks and the Online PeopleSoft
Library contains general information, including:
-
Understanding the PeopleSoft online library and related
documentation.
-
How to send PeopleSoft documentation comments and suggestions
to Oracle.
-
How to access hosted PeopleBooks, downloadable HTML PeopleBooks,
and downloadable PDF PeopleBooks as well as documentation updates.
-
Understanding PeopleBook structure.
-
Typographical conventions and visual cues used in PeopleBooks.
-
ISO country codes and currency codes.
-
PeopleBooks that are common across multiple applications.
-
Common elements used in PeopleBooks.
-
Navigating the PeopleBooks interface and searching the PeopleSoft
online library.
-
Displaying and printing screen shots and graphics in PeopleBooks.
-
How to manage the PeopleSoft online library including full-text
searching and configuring a reverse proxy server.
-
Understanding documentation integration and how to integrate
customized documentation into the library.
-
Glossary of useful PeopleSoft terms that are used in PeopleBooks.
See Also
PeopleBooks and the PeopleSoft Online Library Preface
Accessing PeopleBooks and the PeopleSoft Online Library
Understanding PeopleBooks
Using PeopleBooks
Managing the PeopleSoft Online Library and PeopleBooks
Customizing the PeopleSoft Online Library
Appendix: Application Abbreviations
Glossary of PeopleSoft Enterprise Terms
Common Elements in This PeopleBook
Frequency
|
Enables you to select a frequency (hourly, daily, monthly, annually,
and so on) in which to express the compensation rate.
|
Base Pay
|
Pay for a regularly assigned workweek. A pay component that is included
in the job compensation rate calculation. For example, an employee's base
compensation package may be made up of the following components: base pay,
cost of living, child-care cost, and commuting cost.
|
Compensation Package
|
All of the base and non-base pay components on a job row.
|
Job Code
|
An ID for a job as defined on the Job Code table.
|
Job Code Component
|
A pay component assigned to a job code. A pay component is defined by
associating a rate code with a job code on the Default Compensation page or
the Non-Base Compensation page of the Job Code table.
|
Job Compensation Rate
|
The compensation rate of the corresponding job row.
|
Non-Base Pay
|
A pay component that is used by Payroll only in paysheet calculation.
It is not included in the job comp rate calculation. For example, non-base
pay can be set up for additional work, holiday pay, bonuses, and so on.
|
Pay Component
|
A row in a compensation record that builds the compensation packages
in that record.
|
Rate Code
|
The ID of a pay component. It defines a rate of pay. Rate Code represents
pay components on pages and when configuring compensation packages in a compensation
record. Rate Code is set up in the Comp Rate Code (compensation rate code)
table.
|
Rate Code Group
|
A number of pay components (represented by rate codes) that are bundled
into a subset of a compensation package. The rate code group is used to calculate
percentage-based components that do not apply the percentage to all pay components
in the compensation package. Rate code groups are set up on the Rate Code
Groups page.
|
Rate Code Type
|
Determines how the monetary value of a rate code is calculated. The
compensation rate code type is defined on the Comp Rate Code table. Valid
values are Flat Amount, Hourly Rate + Flat Amount, Hourly Rate, Percent, and
Points.
|
Rate Matrix
|
A matrix that is associated with a rate code, which applies rules and
formulas to determine the amount or rate for a specific employee.
|
Rules-Driven Pay Component
|
A pay component that uses rules to determine the appropriate rate code
to assign to an employee. Rules are set up in the Comp Rate Code Rules component.
|
Salary Step Component
|
A pay component that is assigned to a salary step by entering the corresponding
rate code on the Salary Step Components page.
|
Seniority Pay
|
A premium that is paid for the length of time that an employee has worked
for an organization.
|
Seniority Pay Component
|
A pay component that has a rate code with the seniority rate code class
(SENPAY). This class is provided by PeopleSoft and is assigned on the Comp
Rate Table page. You use it to access the seniority pay functionality.
|
Seniority Rate Code
|
A rate code associated with the seniority rate code class (SENPAY).
This class is provided by PeopleSoft and is assigned on the Comp Rate Code
Table page. You set up levels of pay increase for these codes on the Seniority
Pay page of the Comp Rate Code component.
|