Setting Up Pay Grades

Access the Pay Grades by Pay Class form.

Minimum Salary

Enter the minimum salary or hourly rate allowed within a pay grade.

This field is used to trigger warnings in the Salary and Wage module when an employee salary or rate is lower than the minimum permitted within the pay grade.

Midpoint Salary

Enter the midpoint salary or hourly rate within a pay grade or pay range.

For job IDs with a defined pay grade, this amount is defined in the Pay Grade table (F082001). For job IDs that are evaluated by points, this amount is calculated using a Pay Range Formula table (F08290).

The compa-ratio figure is calculated by dividing an employee salary or rate by the appropriate midpoint.

Maximum Salary

Enter the maximum salary or hourly rate within a pay grade.

This field is used to trigger warnings in the Salary and Wage module when an employee salary or rate is higher than the maximum permitted in the pay grade.

Source

Enter a code that identifies the source of the salary information. This is a defined code (08/SS). To display all pay grades regardless of the source, enter * in this field.

2nd Quartile Salary

Displays a defined second figure in a pay grade salary range. This field is for display only. It is not used in any of the computations done on this screen.

This field is reserved for future use.

4th Quartile Salary

Displays a defined fourth figure in a pay grade salary range. This is a display only field. It is not used in any of the computations done on this screen.

This field is reserved for future use.

Remark

A generic field that you use for a remark, description, name, or address.