Rate Grids let you control the rate of a Position without needing to enter the rate directly on the position. You can setup a Rate Grid so that it increases the rate automatically after a specific date. This is beneficial because you can update the Rate Grid once and have the new rates applied to any position using that Rate Grid automatically.
If you had a salaried position with an annual pay increase, you could enter each pay-increase and the date they will occur as Effective Dates in the Rate Grid and the rates will automatically update.
|Instructor Salary Category 1|
Tip:We will be using this example for through the following steps to create a starting rate for the Rate Grid, then adding a future rate using an Effective Date for the Rate Grid.
Insert Rate Grid
Canadian Payroll > Employee Payroll Tables > Rate Grid.
Open the Rate Grid setup by pressing
Description, and the
Default Ratefor this Rate Grid.
Save the new Rate Grid by pressing
Important:You must save the Rate Grid before adding Effective Dates to the Rate Grid.
Add Effective Dates (Optional)
Effective Dates allow the Current Rate of the Rate Grid to be updated automatically on a specified date.
Add a new
Effective Dateto the Rate Grid by pressing
Choose the Effective Date for the new rate.
Enter the new
Ratethat will be applied on the Effective Date.
Add the Effective Date to the Rate Grid by pressing
Save the Rate Grid by pressing