Understanding Pay Rates for Pay Grade Steps Updates
Periodically you might need to adjust the pay rates for the pay grade steps. For example, you might need to enter a cost-of-living increase for certain pay grade steps. Updating the pay grade step table automatically applies a cost-of-living increase to one or multiple pay grade steps. Therefore, employees in these pay grade steps receive the specified increase.
You can enter a new amount or a percentage change once, and the system automatically applies the change to the specified pay grade steps.