Types of rate progressions
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Rate progressions can be based on these types of rules:
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Length of time rules
For example:
3 months from Hire Date (Length of Time)
6 months from last Step movement
Anniversary Date
This requirement can apply to all steps or to specific steps.
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Performance rating rules
The resource attains a specific performance rating level on the current performance review (for example, Satisfactory or Distinguished).
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Hours threshold rules
The resource’s hours balance reaches a specific number of hours; for example, 1040 hours.
Eligible hours are tracked in an absence management or payroll application and interfaced into Infor HR Talent.
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You can define rate progression rules that are based on:
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Length of time
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Performance rating
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Hours threshold
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Length of time OR hours threshold
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Length of time AND hours threshold
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Length of time AND performance rating
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Performance rating AND hours threshold
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Any of the rate progression rules, can also include a waiting period.
For example, the resource is paid at a probationary rate until they are eligible to move to Step 1.
You can base a waiting period on a length of service.
You can specify a probationary rate on the resource's work assignment.