Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
Salary increment Amount — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Salary increment Amount

Accepted answer
1
Views
1
Comments

Summary:

How to make increment amount monthly instead of year basis.

Content (required):

Salary Basis defined as Monthly and annualized factor is 12. However, we initialized budget with 5000, and assigned to whole amount to an individual employee who currently salary(per month) is 5000 and 60000 Annually. However, after entering increment amount 5000 then system apply this amount yearly bases instead of monthly basis, as per increment system will make it 65000 new yearly salary which is wrong, it should be 120000 Yearly Salary.

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

21D

Code Snippet (add any code snippets that support your topic, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!