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Annualization factor question
Summary:
Hi Experts,
Annualized Full-Time Salary = Rate*Annualization Factor.
Annualization Factor is attached to the Salary Basis.
But as per the Oracle documentation Annualization Factor for Hourly Rates = Legal Employer Standard Working Hours per Week * Weeks per Year
So Annualization factor is calculated based on Legal employer standard working hours or it is coming from salary basis?
Regards,
Vijaya
Content (please ensure you mask any confidential information):
https://docs.oracle.com/en/cloud/saas/human-resources/23d/faucf/Chunk1911767915.html#s20042632
Version (include the version you are using, if applicable):
23B
Code Snippet (add any code snippets that support your topic, if applicable):
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