Example to Calculate Rates Based on Grade Ladder With Multiple Assignments
In this example, you calculate grade rate values for monthly salary payments for an employee with multiple assignments.
Scenario
Priya Krishnan has these two assignments in the Teacher Salary grade ladder:
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In her primary assignment, she's a Mathematics teacher in grade 3.
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She holds a temporary assignment as the replacement teacher for the Science teacher who's on maternity leave. On this temporary assignment, she teaches Science in grade 1 in the same grade ladder.
Follow these steps to calculate grade rate values for Priya Krishnan's primary assignment.
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Set up grades, grade ladder, and rates for the Teacher job to record the level of compensation for all teachers in your school.
Perform these tasks:
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Use the Manage Grades task to set up five separate grades, 1 to 5.
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For each grade, enter the rates as shown in this table.
Grade
Annual Salary Amount
1
16600
2
19840
3
20016
4
23231
5
27650
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Use the Progression Grade Ladders task to set up a grade ladder, Teachers Salary, with Grades type. Add all five grades to the ladder.
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Create a rate definition of category Grade Rate.
Option
Value
Periodicity
Monthly
Periodicity Formula
Standard Rate Annualized
Currency
US Dollar
Add a rate contributor of type Grade Ladder.
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When hiring an employee, on the Employment Information page, add the grade ladder and grade details as shown in these tables.
Primary Assignment
Option
Value
Grade Ladder
Teacher Salary
Grade
3
Temporary Assignment
Option
Value
Grade Ladder
Teacher Salary
Grade
1
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Run the Generate HCM Rates process to calculate rates for employee's Primary Assignment. On the Home page, click the Submit a Flow quick action under the My Client Groups tab. After selecting a legislative data group, search for and submit the Generate HCM Rates process.
Result
The application returns a monthly rate value of 1668 (20016/12).