Defining Flex Salary Parameters
This procedure defines the parameters the application uses to calculate an employee's salary. If you entered a value in the Base Percent of Salary field in the Flex Credits form, then complete this form.
Before you define the salary tables, define the basic flex credit information. Defining flex credits
To define flex salary parameters
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Click the Salary button, on Flex Credits (BN08.1), to open Flex Salary Parameters (BN08.2).
Note: If you enter a value in the Base Percent of Salary field on Flex Credits (BN08.1), a window automatically opens, with this form, when you add the Flex Credit record.
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Select the salary type you want to use for the flex
credit calculation in the Type field. The following table explains
the different salary options.
Note: If you select a salary field other than the Employe Salary, (for example, BN Salary 1), go to Data Item Attributes (HR10.1) and ensure that field is being logged to history.
Select To use Employee Salary The employee's annualized rate of pay from HR11.1 (Employee) or, if applicable, the employee's step and grade schedule. Total Employee Salary The employee's total salary from all positions. Benefit Salary The benefit salaries from the Benefit tab of HR11.1. Emp and Ben Sal The employee's annualized rate of pay from HR11.1 plus a benefit salary. You use this option if only some of your employees in this plan will need to have a benefit salary amount maintained, such as employees paid on commission. Total Emp and Sal The employee's total salary from all positions plus a benefit salary. -
Select the date you want to use to determine employee
salaries in the Date field. The table below explains the date options.
Select To determine an employee's salary Current on the system date flex credits are calculated. First of Month on the first of the month flex credits are calculated. As of Date on a particular month and day. The application uses the month and day that you specify in the AS of MMDD field. -
Use the following guidelines to complete the form:
- As of MMDD and Year
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Type the date you want to use to determine an employee's salary for coverage calculations.
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If you selected As of Date in the Date field, type the month and day.
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If you leave the Year field blank when you use the As of Date, the application calculates an employee's salary on the latest month and day specified.
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If you type a Year, the employee's salary is determined on the exact month, day, and year you specify.
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If an employee does not have a salary history for the date specified, the application uses the current salary.
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- Minimum and Maximum
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Type the minimum and maximum salary amounts for calculating flex credits. If an employee's salary is either less or greater than these amounts, the application uses these amounts to calculate flex credits for the employee.
- Method
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This is a required field. If you do not want the application to use any rounding methods, such as rounding numbers up and down, select No Rounding.
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Use the following guidelines to complete the form:
- Click the OK button.
- Select the Add form function or select another credit table to fill out.