1. Administering Teachers' Pension Scheme for the United Kingdom
  2. Create a Salary Basis

Create a Salary Basis

Recording salaries using salary basis is a prerequisite for Teachers’ Pension reporting and allowance setup.

A salary basis determines the period in which base pay is expressed, specifies whether salaries can be itemized with components, and identifies any associated grade rate for salary validation. For further information on salary bases, see the chapter Base Pay in the Implementing Workforce Compensation guide on the Oracle Help Center.

Create a salary element basis and link it to the information element created previously:

  1. Use the Salary basis task to create a new salary basis. Click Create.
  2. Enter the details as shown:
    FIELD OR QUESTION VALUE
    Frequency Annually
    Annualization Factor 1
    Decimal Place to Display 2
    Payroll Element The salary information element you created previously