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How it works of Annualized Full-Time Salary on Manage Salary page? (Doc ID 2013929.1)

Last updated on JUNE 28, 2017

Applies to:

Oracle Fusion Compensation - Version and later
Oracle Fusion Workforce Compensation Cloud Service - Version and later
Information in this document applies to any platform.


The annualized full time rate is not calculating correctly.   It is using the work week of 37.5 and understating  the annualized amount is incorrect.
 Working Hours      Annual Salary
 37.5                    4,032,000        (wrong calculation)
 What's Working?
 When user updates the employee work week back to the standard hours for the  Legal Entity (35.0) it then calculated the amount of annualized correctly.
 Working Hours      Annual Salary
 35                       4,320,000       (correct calculation)                                     
The employee Legal Entity Work Week is 35 hours, user scheduled in 37.5  But the annualized amount is dramatically lower when using 37.5 hours, but when plug in 35.0 it is correct.
 1.  Go to Manage Employment, enter Working Hours:  37.5
 2.  Go to Manage Salary >> Annualized Full-time Salary:  4,032,000 (wrong  calculation)


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