Actual and Capped Weekly Earnings for Shared Parental Leave Period

The dummy (not part of GROSS) earning SPL WKLY ERN indicates the weekly wage of employee during the shared parental leave period. It is computed using this formula:

Weekly Earning = (Monthly GROSS + Employer’s CPF) / No. of working days in month * No. days on leave based on employee work schedule

The dummy (not part of GROSS) earning SPAT ERN CAP indicates the reimbursable/capped weekly wage of employee during the shared parental leave period according to the Government-specified capping amount.

The deduction (part of GROSS) SPAT LVE ADJ indicates the recovery being done from employee’s gross salary in case the employer does not wish to pay weekly wages above the Government-specified capping amount for the shared parental leave period. The deduction SPAT LVE ADJ is computed automatically whenever the variable SPAT VR RECOVERY is set to ‘Y’ and the weekly earning is above the Government-specified reimbursable amount.

See Also PeopleSoft Global Payroll: Earnings Name Page

Supporting Elements Used to Calculate Shared Paternal Leave Weekly Earnings

• Formula SPAT WKLY EARNING to calculate weekly earnings.

• Formula SPAT ERN CAPPED to calculate capped weekly earnings.

• Formula SPAT LIVE ADJUST to calculate SPAT LVE ADJ.