Target Rate

Formula

[OpenInputValueBlock]

IF (@ISLEV("Employee", 0))

IF ("Salary Basis" == [SalaryBasis.Annual])

IF("Grade" == 1)"Target Rate" = 80000;

ELSEIF("Grade" == 2)"Target Rate" = 90000;

ELSEIF("Grade" == 3)"Target Rate" = 100000;

ELSEIF("Grade" == 4)"Target Rate" = 110000;

ELSEIF("Grade" == 5)"Target Rate" = 120000;

ELSEIF("Grade" == 6)"Target Rate" = 130000;

ELSEIF("Grade" == 7)"Target Rate" = 140000;

ELSEIF("Grade" == 8)"Target Rate" = 150000;

ELSEIF("Grade" == 9)"Target Rate" = 160000;

ELSEIF("Grade" == 10)"Target Rate" = 170000;

ELSEIF("Grade" == 11)"Target Rate" = 180000;

ELSEIF("Grade" == 12)"Target Rate" = 190000;

ELSEIF("Grade" == 13)"Target Rate" = 200000;

ELSE"Target Rate" = #MISSING;

ENDIF

ELSEIF ("Salary Basis" == [SalaryBasis.Hourly])"Target Rate";

ENDIF

ENDIF

[CloseInputValueBlock]

Description

Calculates the predefined Target Rate based on employee grade.