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Absence Disbursement Rate

Summary:

We would like to pay the disbursement of our absences at a specific rate. I know that Values by Criteria and Rate Definitions are my friend here, I've done Rate Definitions for flat amount values but not for ones that are percentage based and having a little bit of a hard time getting over the hump of creating it.

Requirement would be to pay this rate:

Base Hourly Rate * 5.7% = (New Rate)

It would only be applicable for employees that are on a certain Grade Step

Any assistance would be appreciated, even high-level steps just to guide me in the right direction. Appreciate it ahead of time.

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