Fusion Benefits: Coverage/Rate To Be Determined As Of Salary Basis
(Doc ID 2681445.1)
Last updated on JUNE 08, 2022
Applies to:Oracle Fusion Benefits Cloud Service - Version 11.13.20.01.0 and later
Information in this document applies to any platform.
There is a requirement wherein we want the coverage/rate to be calculated based on salary amount as of a particular effective date based on the following rules-
1) There are two salary basis - Hourly and Salaried
2) If an employee is moving from one salary rate to another within Hourly/Salaried , then the salary used for calculation of coverage would be as of 1st Jan
3) If an employee is moving from Hourly salary basis to 'Salaried' salary basis, then the salary used for calculation of coverage would be as of effective date.
We have setup Compensation factor but that only be setup either 'As of effective date' OR 'As of 1st Jan'. Can you please tell us a way on managing the above state dynamic requirement?
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