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.
Day Rate Calculation for Shift Workers
Summary:
Customer has shift workers that are pay an annual salary. Day Rate is calculated as annual salary divied by 182.5 days in a year. Some of these employees work 4 days on and 4 days off rotations and have a work schedule reflecting this.
I am looking for how day rate can be derived when working out proration for starters, leavers and mid-period updates.
Have you done it and able to share formula, configuration, documentation to help my understanding?
Content (required):
Customer has shift workers that are pay an annual salary. Day Rate is calculated as annual salary divied by 182.5 days in a year. Some of these employees work 4 days on and 4 days off rotations and have a work schedule reflecting this.
Tagged:
0