Creating or updating a resource's other pay rates
Other pay rates are add-on or alternate pay rates. Add-on pay rates are in addition to the base pay rate. Alternate pay rates are in place of the base pay rate. An example of add-on other pay is hazard pay. An example of alternate other pay is international assignment.
- Select Administrator > Resources > Resources.
- Open the resource to update.
- Click the Compensation tab.
- Click Add in the Other Pay Rates panel.
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Specify this information:
- Effective Date
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Required. Specify the effective date.
- Type
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Select the type for this other pay.
- Category
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Indicate whether the other pay is an alternate pay rate (instead of base rate), an add-on pay rate (added to the base rate), an add-on percent of pay rate (a percentage of the base rate added to the base rate), for information only (meaning that it is included in the compensation but not pulled from this form), or a billing rate (which would be applicable to a contractor).
- Pay Rate
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If it is an alternate pay rate or add-on pay rate, specify the rate and currency code.
- Percent
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If it is an add-on percent of pay rate, specify the percentage.
- Begin Date
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Specify the date on which the other pay begins to be paid.
- End Date
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Specify the date on which the other pay stops being paid.
- Include In Total Pay Rate
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Select this check box to include the allowance in the total pay rate calculation for the resource.
- Include In Target Compensation
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Indicate whether this allowance is included in target compensation calculations
Target compensation is the potential maximum earnings an employee may receive in a goal-based or performance-based compensation plan.
- Information Only
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Select this check box to exclude this other pay from all calculated rates.
- Display In Contract
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Select this check box if this other pay should display in the employment contract.
- Organization Unit
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Select the organization unit for which the other pay is valid. This means that only work assignments for this organization are eligible for the other pay.
- Position
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Select the organization unit for which the other pay is valid. This means that only work assignments for this organization are eligible for the other pay.
- Location
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Select the location for which the other pay is valid. This means that only work assignments for this location are eligible for the other pay.
- Pay Code
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Select the pay code for which the other pay is valid. This means that only payments assigned to that pay code are eligible for the other pay rate. For example, you may want an add-on pay rate to apply only to night shift pay.
- Click Save.