Base Salary in Spain

Typically in Spain, an employee's base salary is defined by the labor agreement. However, with HR and PeopleSoft Global Payroll for Spain you can set up employee compensation in different ways to suit your company needs.

The base salary is a basic earning. It is typically calculated as Unit * Rate, where the rate code is established by the labor agreement or in other ways, depending on the setup of your company's compensation. The unit is calculated with the formula GEN FM UNIDADES. The calculated value depends on the type of employee (daily or monthly).

Note:

PeopleSoft Global Payroll for Spain uses the GEN RC SAL BASE rate code to specify the base salary. This rate code is linked to the SALBSE rate code defined in HR.