Create Compensation Rate Record

Navigating to Pay Rates for an Employee
  • Expand Employee, expand Payroll, and click Compensation from the menu.

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  • If already viewing an employee profile, you can hover over "Payroll" to show the available pages and click Compensation.

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  • You should arrive at the Compensation page like below.

    CHR_-_Employee_-_Payroll_-_Compensation_-_02.png

  • Click Create Compensation Rate Record from the Actions drop-down menu.

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  • Enter the relevant information for the compensation rate.

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    Click for more information about available fields.
    • Start Date - Indicates when this record is effective.
    • Stop Date - Indicates when this record should be marked inactive. If the end date is not set, it is assumed it is the active record.
    • Rate Code - If multiple rate codes are available, you can choose from the dropdown menu.
    • Employer Code - If multiple records exist, the employee’s employer will appear as the only option.
    • Notes - Optional Field
    • Salary or Hourly - Select one of the following radio Buttons
      • Salary
        • Per Pay Amount - The Per Pay Amount will be converted to an Annual Amount by referencing the Pay Schedule Year that correlates with the year of the Start Date entered above. If a Pay Schedule does not exist for the corresponding year, then the Annual Amount will be equal to the Per Pay Amount entered into this field.
        • Annual Hours Worked
        • Overtime Rate - Optional Field
        • Other Rate - Optional Field
        • Auto Pay - Determines if Standard Automatic Pay should apply. The system will default to No.
          • Used for reporting purposes only.
        • Auto Pay Hours - The number of hours applied to Standard Automatic Pay.
          • Used for reporting purposes only.
      • Hourly
        • Hourly Rate - Used to calculate the employee's annual rate divided by the annual hours worked
        • Annual Hours Worked - The estimated hours the employee will work in a year
  • Click Add Record
  • Click Cancel after successfully saving to return to the Pay Rates tab.
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