Create a Rate Definition for Basic Salary

This example demonstrates how to create a primary rate for a basic salary. After you run the rate engine, the Element Entries - Person Details page displays the values for eligible employees.

Before you define the rate, create the salary element at the assignment level. This element contains the salary information to be retrieved by the rate definition. You can create it using the flat amount or factor calculation rule.

How to Create the Basic Salary Rate Definition

Complete these steps to create the basic 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	Element
   Effective Start Date	Enter the current date.
   Legislative Data Group	Enter your legislative data group.

4. Click OK.

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

   Fields	Value
   Storage Type	Amount
   Element Name	Regular Salary

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

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

7. Click Submit.