Create Rate Definitions for Overall Salary

This example demonstrates how to create a rate definition for overall salary that includes multiple rate contributors.

In this example, include regular salary and car allowance in an employee's overall salary. Include only 50 percent of the amount paid for car allowance in the overall salary. Creating a rate definition for overall salary includes:

• Create the overall salary rate definition

• Add the regular salary rate contributor

• Add the car allowance rate contributor

Note: The overall salary rate definition is a derived rate. To populate the Overall Salary check box, select a salary element in the Element name field. You then add the regular salary rate and car allowance rate contributors to the rate definition. The rate contributors that you add should be elements that you select from the Rate Name field on the Create Rate Contributor page.

How to Create the Overall Salary Rate Definition

1. In the Payroll Administration work area, click the Rate Definitions task.

2. Click Create.

3. Complete the fields, as shown in this table.

   Field	Value
   Category	Derived Rate
   Effective Start Date	Enter the current date.
   Legislative Data Group	Select your legislative data group.

4. Click OK.

5. Complete the fields, as shown in this table.

   Field	Value
   Name	Overall Salary
   Short Name	OVERALL_SAL
   Element Name	Salary

6. In the Returned Rate Details section, complete the fields, as shown in this table.

   Field	Value
   Periodicity	Weekly
   Periodicity Conversion Formula	ANNUALIZED RATE CONVERSION
   Currency	Canadian Dollar

How to Add the Regular Salary Rate Contributor

1. In the Calculation section, click Create.

2. Enter Base Rate in the Contributor Type field and then click OK.

3. Complete the fields as shown in this table.

   Field	Value
   Add or Subtract	Add
   Employment Level	Payroll Assignment
   Periodicity	Weekly

4. Click Save and Continue.

How to Add the Car Allowance Rate Contributor

1. In the Calculation section, click Create.

2. Enter Rate Definition in the Contributor Type field and then click OK.

3. Complete the fields as shown in this table.

   Field	Value
   Add or Subtract	Add
   Rate Name	Car Allowance
   Periodicity	Weekly
   Factor Rule	Value
   Factor Value	0.5

4. Click Save and Continue.

5. Click Submit.