Rate Synchronization Details Transaction Date
The Synchronize Grade Step Rates process sets the start date of the updated salary. It uses the specified Transaction Date option in the Rate Synchronization Details section of the Progression Grade Ladder page.
Here's how each option affects the start date of an updated salary.
Option | Start Date the Process Sets for the Updated Assignment | Possible Exception |
---|---|---|
Process run date | The effective date set when you submit the Synchronize Grade Step Rates process. | None |
Grade step rate change date | The start date of the rate value on the progression grade ladder. | Salary start dates |
Start of next month | The day 1 of the month after the effective date. For example, if the effective date of the process is January 15, 2021, the start of next month date is February 1, 2021. | Salary end dates |
Start of next pay period | The first day of the pay period beginning after the effective date. For example, your pay periods are from 1 to 15 and 16 -- 30 each month. If the effective date of the process is January 15, 2021, the start of next pay period date is January 16, 2021. | Salary end dates |
Start of current pay period | The first day of the pay period that includes the effective date. For example, your pay periods are from 1 to 15 and 16 -- 30 each month. If the effective date of the process is January 15, 2021, the start of current pay period date is January 1, 2021. | Salary start dates |
Use formula | The date returned by the specified formula. | Salary start and end dates |