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

How to create a salary basis determined by simple components based on the multiple criteria?

Summary:
I need to automate the calculation of different salary components based on defined criteria. Specifically, how can I use the total salary entered by HR/Manager to derive the salary breakup (starting with Basic) using salary basis determined by simple components?

Content:
HR/Manager will enter an employee’s Total Fixed Pay. Based on the employee’s grade, the Basic Salary component should be calculated automatically as a percentage of the total pay:

  • If the employee’s grade is A, Basic Salary = 30% of Total Fixed Pay.
  • If the employee’s grade is B, Basic Salary = 40% of Total Fixed Pay.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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