Defining rate progression rules based on length of time rules and performance rating rules
This rate progression rule is triggered when both the length of time and the performance level have been reached.
- Select Compensation > Step and Grade > Rate Progression Set Up.
- On the Rate Progression tab, click Create.
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Specify this information:
- Rate Progression Rule and Description
- Specify a long and short description for the rule.
- Version Date
- Specify a version date.
- Currency
- Select a currency for the rate progression.
- Active
- Indicate whether the rate progression is active.
- Click Save.
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On the Rules tab, select Create > Create Rule Based on a Length of Time And Performance Rating and specify this information:
- Step And Grade Group
- Optionally, select the eligibility group to which the
rate progression applies. Note:
Eligibility groups, also called custom groups, must be defined by the administrator in Infor HR Talent Set Up.
- Length of Time
- Select a length of time rule or click Define to create a new rule.
- Performance Rating
- Select a performance rating rule or click Define to create a new rule.
- Waiting Period
- If you are basing the rule on a waiting period, select the waiting period or click Define to create a new one.
- Allow Lump Sum Payments
- Select this check box if lump sum payments are allowed after the employee reaches the top step for a grade.
- Pay Code
- To link the lump sum payment to a pay code, specify it here. Then you can place a pay code on the payment record for use when interfacing to a payroll application.
- Calculation Option
- Select the percent of base pay or flat amount to determine how the lump sum amount is calculated.
- Lump Sum Rate by Factor
- Select whether the lump sum is based on a performance rating or a step and grade schedule. If you select No, then everyone receives the same amount. Specify this amount in the Rate field.
- Lump Sum Rating Scale
- If you selected By Performance Rating in the Lump Sum Rate Factor field, then you must select the rating scale by which the performance is rated.
- Rate
- If you selected No in the Lump Sum Rate by Factor field, then type the rate.
- Click Save.
- If you selected By Grade On Step and Grade Schedule in the Lump Sum Rate By Factor field, then click the Lump Sum by Factor for Grades link. To apply a lump sum to a grade, select the grade and specify the amount or percentage to be applied to the last step of the grade.
- If you selected By Performance Rating in the Lump Sum Rate Factor field, then click the Lump Sum by Factor for Performance link. To apply a sum to a performance level, select the performance level and specify the amount or percentage to be applied to the last step of the grade.