You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started with Redwood for Oracle Cloud HCM   Begin Now

What is the best approach for retroactively adjusting salary details for a large population?

edited Jul 15, 2024 2:14PM in Compensation

Summary:

What is the best approach for retroactively adjusting salary details for a large population?

Context:There have already been multiple assignment changes this year. We need to adjust salaries as of January 1, 2024, and also increase all salary changes after this date by the same percentage. We thought of the following approach:

  1. Use SQL to extract all current salary details.
  2. Update the new salary records as of January 1, 2024.
  3. Adjust all other records (after January 1, 2024) to reflect the correct amount.

My question: Is there an easier way to do this on a large scale, ensuring that it also impacts the already existing salary changes after January 1, 2024?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!