Defining rate progression rules based on length of time rules

  1. Select Administration > Setup > Step and Grade Schedules > Rate Progression Rules.
  2. On the Rate Progression tab, click Create.
  3. 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.

  4. Click Save.
  5. On the Rules tab, select Create > Create Rule Based On Length of Time, and specify this information:
    Group

    If applicable, select the eligibility group to which the rate progression applies.

    Note: 

    Eligibility groups, also called custom groups, must be defined by the administrator. See Infor HR Talent Set Up.

    Length of Time

    Select a length of time rule or click Define to create a new rule. See Defining length of time rules.

    Waiting Period

    If basing the rule on a waiting period, select the waiting period or click Define to create a new one. See Defining rate progression waiting periods.

    Allow Lump Sum Payments

    Select this check box if lump sum payments are allowed after the employee reaches the top step for a grade.

    Allow Lump Sum On Step Move
    Select this check box to enable lump sum payments for employees who are moving between steps.
    Note: You must enable both Allow Lump Sum Payments and Allow Lump Sum On Step Move to calculate lump sum payments for employees who are between steps.
    Pay Code

    To link the lump sum payment to a pay code, specify it here. You can then place a pay code on the payment record for use when interfacing to a payroll application.

    Calculation Option

    Select the way in which the lump sum amount is calculated. Select a percent of base pay, flat amount, or custom calculation.

    Note: A calculation option is required if either Allow Lump Sum Payments or Allow Lump Sum on Step Move is enabled.
    Custom Compute
    If you select custom calculation, you must use custom compute to determine the lump sum payouts based on the criteria set in the custom compute.
    Lump Sum Rate by Factor

    Select if 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. This amount is specified 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 specify the rate.

  6. Click Save.
  7. 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 each grade, select the grade. Specify the amount or percentage to be applied to the last step of the grade.
  8. If you selected By Performance Rating in the Lump Sum Rate Factor field, then click the Lump Sum by Factor for Performance link.
    For each performance level where you want to apply a lump sum, select the performance level. Specify the amount or percentage to be applied to the last step of the grade.