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Salary Basis with Simple Components

Received Response
edited Sep 6, 2023 11:19PM in Compensation 2 comments


Hi Everyone,

Content (required):

Our client would like to define salary basis with default values (amount/percentage) for components. The best option is to go ahead with simple components.

I have below 2 questions.

  1. Number of components are expected to change almost every year. There may be new components added with some as amount and some as percentage. I have 2 options for this.

-Add "Future Use" in the lookup and rename as and when they will be used. I personally don't like this design as I have to add the future use components in the salary basis definitions with type as amount or percentage which cannot be modified once salary basis is assigned to employees.

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