A New Hire Action with Simple Components
Here's an example of what happens in the salary section of a New Hire action when the selected salary basis type is simple components.
- You select the Simple Components Salary Basis (all required) salary basis and the required components appear in the table.
- The Basic salary component lets you enter an amount, such as 40,000.
- The Housing allowance component lets you enter a percentage, such as 60%. Then it applies the percentage to the Basic salary component amount to calculate the allowance amount, such as 24,000.
- The Transport allowance component is a fixed amount, such as 1,800, that you can't remove or change.
- The Special allowance component is a fixed percentage, such as 40% that you can’t remove or change. The component applies the percentage to the Basic salary component to calculate the allowance amount.
- The Overall salary component adds all the other component amounts together to get the overall salary amount, such as 81,800.
![Salary Details section of the New Hire action showing the simple component percentages, amounts, and annual amounts, and the proposed annual salary.](images/cmp-new-hire-action-with-simple-components-apr2023.png)