Base Salary - New Column When You Update the Grade Step

When a Grade Step is proposed in the worksheet, it automatically fetches the Step value as the new base salary, subject to these conditions:

• The Grade Ladder should be of type Grade and Step.

• The Grade Ladder should have Include salary updates set to Yes.

• The Grade Ladder should have Salary Calculation Method set to Use grade step rate.

• There should be only one component in the Workforce Compensation plan that has its compensation amount set to Post as salary.

• Worker's salary basis type isn’t Salary Rates or Simple Components.

If the Proposed Grade Step's value can't be determined, the Base Salary - New column in the worksheet (along with the associated compensation amount column) is set to null. This happens in these cases:

• The Grade Ladder's currency doesn't match the base salary currency of the worker.

• The Proposed Grade Step doesn't have a value defined in the Grade Ladder.

The Base Salary - New (along with the associated compensation amount column) becomes read-only. You can only propose it by selecting a Proposed Grade Step when these conditions are met:

• The Grade Ladder is of type Grade and Step.

• The Grade Ladder has Include salary updates set to Yes.

In other cases, the column behavior remains as before. The application calculates the Base Salary - New based on the Step value using this formula:

Base Salary - New = (Step Value * Step Annualization Factor) / (Pay Annualization Factor)

If the base salary frequency of the worker isn't hourly and Salary Adjustment Type of the ladder is set to a value other than blank (FTE less than 1 only OR FTE not equal to 1) and the FTE of the worker's assignment matches the selection, then FTE adjustment happen using this formula:

Base Salary - New = (Step Value * Step Annualization Factor * FTE of the worker's assignment) / (Pay Annualization Factor)