How You Change a Salary to Account for a Changed FTE
Typically, when you change the full-time equivalent (FTE) value you also need to change the salary amount.
For the adjustments to happen automatically, use an integrated task, such as Change Working Hours. You can create or change an FTE and then make salary changes in the Change Salary section. This way, the annualized full-time salary amount and salary metrics are automatically adjusted using the new FTE. When you don’t create salary, the calculations could be incorrect. So we always recommend creating a salary together with FTE change.
When you created an FTE change without salary change, use the Change Salary task to create a salary change. Be sure to use the same date as the FTE change you just made.
These are the calculated values that adjust automatically:
- Salary range minimum, midpoint, and maximum
- Annual salary, annualized full-time salary
- Compa-ratio, quartile, quintile, and salary range position