Get Started with Redwood for Oracle Cloud HCM Begin Now
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Annualization factor on GSP and Salary Basis
Summary:
Annualization factor on Grade and Salary Basis
Content (required):
We have Grade Ladder defined with Grade and Grade Steps with Annualization factor = 12.
We have a Salary Basis defined with Annualization factor = 13.
Now when we Hire , Promote employee (using responsive pages which have salary section), would system automatically take care of Annualization Factor conversion?
For example if Grade Rate defined in Ladder for Grade A is 1000 USD, when we assign this grade A to Employee while Hire / Promote then should system show amount as 923.07 [1000*12/13] USD?
We observed that system is showing USD amount on Hire / Promotion Page as per Annualization Factor 12 (USD 1000) and not 13 (USD 923.07).
0