Comparison of Rate Component Types for Salary Bases

When you determine the salary amount using rates, you can use Element, Derived, Grade Rate, and Value by Criteria rate definitions. These definitions are the multiple components of pay that make up the salary amount.

As shown here, Element rates use payroll element input values of either amount or factor. Value by Criteria rate definitions use Value by Criteria definitions. And Derived rates can use Element, Grade Rate, and Value by Criteria rates as rate contributors.

This table identifies key properties and whether they're allowed or required (Y) or not allowed or required (N).

Property	Element Rate Definitions	Derived Rate Definitions	Overall Salary Rate Definitions	Grade Rate Rate Definitions	Value by Criteria Rate Definitions
Need to associate a payroll element	Y	N	Y	N	N
User can enter or override the value	Y	N	N	N	N
Store the entered rate value in an element entry	Y	N	N	N	N
After final salary approval, calculate salary component values and store them in the CMP_SALARY_PAY_COMPONENTS table	Y	Y	Y	Y	Y
Rate provides a default value	Y	N	N	Y	N
Rate can be a base rate	Y	Y	Y	Y	N
Rate can be an overall salary	Y	Y	N/A	N	N