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Need input from Compensation Professionals - As of what date should the salary record end upon termi

edited Sep 5, 2020 12:17AM in Compensation 3 comments

Summary

We are working on a redesign to salary bases to support components/rates, unlike the salary components we have today. This introduces uncertainty as to when salary should be ended.

Content

The Fusion Compensation development team would appreciate your feedback. In brief, a new salary basis type is being designed to support a new rate structure. Salary can be comprised of various components of pay, or individual rates. One or more rates may contribute to overall salary. Here is an example of how salary can be structured.

Rate Name Amount Currency & Frequency How is the rate determined? Element Associated?
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