Configure Rate Definitions for Overall Salary

In this example, you want to configure a rate definition for overall salary that includes multiple rate contributors.

This includes these choices.

Decisions to consider	In this example
What components of pay should be included in an employee's overall salary?	Regular Salary Car Allowance
Should I include all pay for car allowance in the overall salary?	No. Only include 50% of the amount paid for car allowance.

To accomplish this:

1. Configure the overall salary rate definition.

2. Add the regular salary rate contributor.

3. Add the car allowance rate contributor.

Note: The overall salary rate definition is a derived rate. To select the Overall Salary box:

1. Select a salary element in Element Name.

2. Add the regular salary rate and car allowance rate contributors to the rate definition.

   The rate contributors you add should be elements that you select from the Rate Name field on the Create Rate Contributor page.

Configure the Overall Salary Rate Definition

1. Start the Rate Definitions task.

2. Click Create.

3. Complete the following.

   Field	Value
   Category	Derived Rate
   Effective Start Date	Enter the current date.
   Legislative Data Group	Select your legislative data group.

4. Click OK.

5. Complete the following.

   Field name	What you enter
   Name	Overall Salary
   Short Name	OVERALL_SAL
   Element Name	Salary

6. In Returned Rate Details, complete the following.

   Field name	What you enter
   Periodicity	Weekly
   Periodicity Conversion Formula	ANNUALIZED RATE CONVERSION
   Currency	US Dollar

Add the Regular Salary Rate Contributor

1. In the Calculation section, click Create.

2. Select the Base Rate contributor type, and click OK.

3. Complete the following.

   Field name	What you enter
   Add or Subtract	Add
   Employment Level	Payroll Assignment
   Periodicity	Weekly

4. Click Save and Continue.

Add the Car Allowance Rate Contributor

1. In the Calculation section, click Create.

2. Select the Rate Definition contributor type, and click OK.

3. Complete the following.

   Field name	What you enter
   Add or Subtract	Add
   Rate Name	Car Allowance
   Periodicity	Weekly
   Factor Rule	Value
   Factor Value	0.5

4. Click Save and Continue.

5. Click Submit.