Defining rate progression rules based on performance rating rules
- Select Administration > Setup > Step and Grade Schedules > Rate Progression Rules.
- On the Rate Progression tab, click Create.
- Specify this information:
- Rate Progression Rule
- Provide a long and a 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.
- On the Rules tab, select Create > Create Rule Based On Performance Rating.
- Specify this information:
- Group
- Select the eligibility group for which the rate progression applies.
- Performance Rating
- Select a performance rating rule or click Define to create a new rule. For example, an employee is moved to the next step only after achieving a Distinguished rating.
- Waiting Period
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If 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 to enable lump sum payments once 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 select both the Allow Lump Sum Payments and Allow Lump Sum On Step Move check boxes to calculate lump sum payments for employees who are between steps.
- Pay Code
- To link the lump sum payment to a pay code, type it here. You can place a pay code on the payment record for use when interfacing to a payroll application.
- Calculation Option
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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 the Allow Lump Sum Payments or Allow Lump Sum on Step Move check box is selected.- 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 whether the lump sum is based on a performance rating or a step and grade schedule. If you select No, everyone receives the same amount, which you specify in the Rate field.
- Lump Sum Rating Scale
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If you selected By Performance Rating in the Lump Sum Rate Factor field, 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, specify the rate.
- Click Save.
- If you selected By Grade On Step and Grade Schedule in the Lump Sum Rate By Factor field, click the Lump Sum by Factor for Grades link. For each grade for which you apply a lump sum, select the grade and specify the amount or percentage to apply to the last step of the grade.
- If you selected By Performance Rating in the Lump Sum Rate Factor field, click the Lump Sum by Factor for Performance link. For each performance level for which you apply a lump sum, select the performance level and specify the amount or percentage to apply to the last step of the grade.