Employee Rates

The Employee Rates form is used to manage payments/deductions increases (a salary increase, a public transport fare increase, or some other increase) that take effect at a specific date (instead of as from the start of the pay period).

The system can handle salary increase at a specific date for daily type employees only, while for Monthly type employees the pro rata salary increase amount must be imported in a new payment.

Employee: The employee selection list contains all employees that have an entry in the Employee Transactions equivalent to either a salary increase, a company increase or any transactions with a calculation type of 'Amount x Units'

Payment/Deduction: The payment/deduction selection list contains payments/deductions on 'Amount x Units', and two special entries; SAL to identify a New salary rate, and OTH to identify a New daily/hourly rate.

Use the SAL-New salary rate to specify at what date to apply a salary increase.

Use the OTH-New daily/hourly rate to specify at what date to apply the new daily/hourly rates. This applies to any payment/deduction based on daily/hourly rates (overtimes, etc.)

As from: The new rates take effect as from the specified date.

Unit rate: New rate for payment/deduction on 'Amount x Units'

Daily rate: New rate for payment/deduction on 'DB x factor x Units'

Hourly rate: New rate for payment/deduction on 'HB x factor x Units'

Example for employee 140: 
Has a salary increase that takes effect on the 01/07/2009.
Has a daily/hourly rates increase for overtimes that takes effect on the 01/07/2009.
Has a Meal allowance increase taking effect on the 22/06/2009.

To create a (SAL) new salary rate for an employee, that employee must have a salary increase transaction in his Employee Transactions.
To create a (OTH) new daily/hourly rate for an employee, that employee must have a salary increase transaction in his Employee Transactions.
To create a new payment/deduction rate the employee must have that payment/deduction attached to his Employee Transactions.

Create Employee Rates