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Salary Basis Frequency Question — Cloud Customer Connect
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Salary Basis Frequency Question

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Hi,

We are currently in the process to setting up Salary Basis Component for our salary, Stock Options and bonus. We are running into an issue with Hourly based salary basis and would like to check if there is any solution or workaround on this.

Under a salary basis, we would like the following components using CMP_SALARY_COMPONENTS table:

1) Salary

2) Bonus

3) Stock Options

4) Total salary (salary+bonus)

On the setup for this salary basis, the frequency is selected as Hourly. However, since Stock Options is based on a lump sum amount, we can't have it as an hourly frequency. For example, if an employee has a Options of $30,000. We would need to input hourly rate of 14.4231 for Options and the Options total would become $30000.048. Neither the 14.4231 and 30000.048 would make sense because Options is granted based on lump sum amount and not hourly amount.

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