What Rate Conversion Rules Can I Select for Earnings
When defining earnings elements in the Elements task, you can select specific formula rules to manage rate conversions. These rules apply to earnings classification elements, including standard, supplemental, absence, and time elements.
You can set conversion rules for these element attributes.
Element attribute |
You can select a rate conversion rule |
---|---|
Periodicity |
When you use the flat amount or hours * rate calculation rule. |
Proration |
When you make the element subject to proration. |
Work Unit |
When you select hourly work units for a standard or supplemental earnings element. |
For further info, see Rate Conversion Rules for the US in the Help Center.