Create Rate Definitions for Overall Salary

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

You do these actions.

• Create the overall salary rate definition

• Add the regular salary rate contributor

• Add the car allowance rate contributor

This table summarizes the key decisions for your scenario.

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 percent of the amount paid for car allowance.

Note:

The overall salary rate definition is a derived rate. To populate the Overall Salary check box, select a salary element in the Element name field. You then add the regular salary rate and car allowance rate contributors to the rate definition. The rate contributors that you add should be elements that you select from the Rate Name field on the Create Rate Contributor page.

Create the Overall Salary Rate Definition

1. On the Home page, click the Rate Definitions quick action under the My Clients Groups tab.

2. Click Create.

3. Enter these values.

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

4. Click OK.

5. Enter these values.

   Field	Value
   Name	Overall Salary
   Short Name	OVERALL_SAL
   Element Name	Salary

6. In the Returned Rate Details section, enter these values.

   Field	Value
   Periodicity	Weekly
   Periodicity Conversion Formula	Standard Rate Annualized
   Currency	LDG Currency

Add the Regular Salary Rate Contributor

1. In the Calculation section, click Create.

2. In the Create Rate Contributor dialog box, Contributor Type field, select Base Rate.

3. Enter these values.

   Field	Value
   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. In the Create Rate Contributor dialog box, Contributor Type field, select Rate Definition and click OK.

3. Enter these values.

   Field	Value
   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.