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

Hourly Salary Payroll Calculation FTE less than 1 (PT employees)

Received Response
73
Views
7
Comments
edited Oct 28, 2022 5:47PM in Payroll and Global Payroll Interface (GPI) 7 comments

Summary:

Is there a way to configure the salary element and/or the salary basis so that it doesn't consider the FTE in the payroll calculation?

Basically, if the salary basis is hourly and the employee's salary is $25, and the employee works 20 hours, and is an FTE of .5... the employee should be paid 20 hours * $25 = $500.

We have tried configuring the element using various periodicity conversion rules and we are unable to find a solution for this calculation.

The Oracle calculation is $25*2080*0.5 (annual salary) =$26,000.

$26,000 / 2080 = $12.5

Then the employee is earning $12.5 * 20 hrs = $250 rather than the $500 the employee should actually earn.

(2080 = salary basis annualization factor)

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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