Semi-Monthly Salary Proration
SummaryThe Semi-Monthly Salary is not Prorating correctly. Is anyone else having this issue?
We have a semi-monthly payroll that is not prorating correctly if an employee is hired or terminated in the middle of the pay period.
When we created the salary element as: Standard Earnings/ Regular
Proration = Yes
Work Unit Conversions Rule = Periodic Work Schedule Annualized
Proration Conversion Rule = Standard Rate Annualized
Periodicity Conversion Rule = Standard Rate Annualized
Proration Unit = Workday
The employees are Salary employees with Working hours and Standard Working Hours = 40 and FTE = 1.
The salary is not prorating the salary correctly for the semi-monthly payroll based on the following example: