How to configure a recurring incentive payment based on total eligible hours worked in a pay period — Cloud Customer Connect
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How to configure a recurring incentive payment based on total eligible hours worked in a pay period

in Payroll and Global Payroll Interface (GPI) 1 comment

Summary: We have a requirement to configure a recurring incentive payment for employees based on 5% of their hourly rate applied to the total eligible hours worked in a pay period (total hours worked includes regular hours, sick, vacation, holiday and overtime..)

Content (please ensure you mask any confidential information):

Element 

Logic Description 

Hourly Rate 

Derived from employee's pay details 

Eligible Hours 

Sum of Regular, Sick, Holiday, Vacation, OT …

Incentive Multiplier 

Fixed at 5% (0.05) 

Incentive Calculation 

Hourly Rate × 0.05 × Total Eligible Hours for the pay period

Example 

For $20/hr and 84 total hours, the payment = $20 × 0.05 × 84 = $84 

Version (include the version you are using, if applicable):

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