Defining a Frequency ID and Country-Specific Defaults

To define a frequency ID and country-specific defaults, use the Frequency Table component (FREQUENCY_TBL) and the Default Frequencies by Country component (DFLT_FREQUENCY).

These topics discuss frequency information.

Page Name

Definition Name

Usage

Frequency Table Page

FREQUENCY_TBL

Define a frequency ID, its frequency type, and its annualization factor.

Default Frequencies by Country Page

DFLT_FREQUENCY

Specify country-specific default frequencies by country.

Use the Frequency Table page (FREQUENCY_TBL) to define a frequency ID, its frequency type, and its annualization factor.

Navigation:

Set Up HCM > Foundation Tables > Compensation Rules > Frequency Table > Frequency Table

This example illustrates the fields and controls on the Frequency Table page. You can find definitions for the fields and controls later on this page.

 Frequency Table page

Field or Control

Description

Maintenance Responsibility

Select a maintenance responsibility. Values are:

  • C (customer): You define the frequency ID. You are responsible for keeping this frequency code up to date.

  • P (PeopleSoft): PeopleSoft delivers the frequency in the system and is responsible for keeping it up to date. The other fields on this page become unavailable.

Frequency Type

Select a frequency type. Values are:

  • Annual

  • Biweekly

  • Contract

  • Daily

  • Every Four Week

  • Hourly The Use Standard Hours for Annualization check box becomes available.

  • Monthly

  • Quarterly

  • Semimonthly

  • Weekly

Use Standard Hours for Annualization

Select to have the system use job standard hours for annualization instead of the frequency annualization factor. The frequency annualization factor is set to 0, and that field becomes unavailable.

Note: You can use only hourly frequencies that use standard hours for annualization for compensation and pay frequency in PeopleSoft Human Resources, PeopleSoft Payroll for North America, and PeopleSoft Global Payroll.

Frequency Annualization Factor

Defines how many frequency periods occur in one year.

Examples:

  • A standard daily compensation frequency is 260 because there are 260 workdays in a standard year.

  • You can define a frequency called W53 with a W (weekly) frequency type and an annualization factor of 53.

Important! If you change the effective status, frequency type, or annualization factor of an existing frequency, you receive a warning message saying that previous calculations using this frequency aren't synchronous with the new values of the frequency.

Use the Default Frequencies by Country page (DFLT_FREQUENCY) to specify country-specific default frequencies by country.

Navigation:

Set Up HCM > Foundation Tables > Compensation Rules > Default Frequencies By Country > Default Frequencies by Country

This example illustrates the fields and controls on the Default Frequencies by Country page. You can find definitions for the fields and controls later on this page.

 Default Frequencies by Country page

Select four frequencies to set as defaults for the specified country. The system uses these default frequencies to calculate pay rates in the Pay Rates group box on the Job Data - Compensation page. The order you list the frequencies on this page is the order in which the pay rates appear in the Pay Rates group box.

For example, you specify the 1st Frequency as annual, 2nd Frequency as monthly, 3rd Frequency as daily, and 4th Frequency as hourly for Canada. For an employee in Canada, the Pay Rates group box displays the following pay rates in this order: annual, monthly, daily, and hourly. The system converts compensation rates to the default frequencies using the standard formulas described earlier in these topics.