Create Rate Definitions for Overall Salary
This example demonstrates how to create a rate definition for overall salary that includes multiple rate contributors.
In this example, include regular salary and car allowance in an employee's overall salary. Include only 50 percent of the amount paid for car allowance in the overall salary. Creating a rate definition for overall salary includes:
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Create the overall salary rate definition
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Add the regular salary rate contributor
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Add the car allowance rate contributor
How to Create the Overall Salary Rate Definition
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In the Payroll Administration work area, click the Rate Definitions task.
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Click Create.
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Complete the fields, as shown in this table.
Field
Value
Category
Derived Rate
Effective Start Date
Enter the current date.
Legislative Data Group
Select your legislative data group.
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Click OK.
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Complete the fields, as shown in this table.
Field
Value
Name
Overall Salary
Short Name
OVERALL_SAL
Element Name
Salary
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In the Returned Rate Details section, complete the fields, as shown in this table.
Field
Value
Periodicity
Weekly
Periodicity Conversion Formula
ANNUALIZED RATE CONVERSION
Currency
Canadian Dollar
How to Add the Regular Salary Rate Contributor
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In the Calculation section, click Create.
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Enter Base Rate in the Contributor Type field and then click OK.
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Complete the fields as shown in this table.
Field
Value
Add or Subtract
Add
Employment Level
Payroll Assignment
Periodicity
Weekly
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Click Save and Continue.
How to Add the Car Allowance Rate Contributor
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In the Calculation section, click Create.
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Enter Rate Definition in the Contributor Type field and then click OK.
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Complete the fields as shown in this table.
Field
Value
Add or Subtract
Add
Rate Name
Car Allowance
Periodicity
Weekly
Factor Rule
Value
Factor Value
0.5
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Click Save and Continue.
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Click Submit.