Compensation change Field on Summarize and Approve raises shows ANNUAL amount always irrespective of the Frequency set up on the Group Budget page.
Last updated on FEBRUARY 15, 2018
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
Compensation change on Summarize and Approve raises shows ANNUAL amount always irrespective of the Frequency set up on the Group Budget page.
For the Group ID "KD001" 5 workers get an increase of 100 each month as you can verify on the page "Compensation -> Base Compensation -> Group Budgets -> Create/Approve Group Budget -> Budget Components" after clicking on the Calculate button.
That is because the Frequency is "M" and the Change Amount is "100" for the Rate Code "KDG002". This is correct.
However, On page "Compensation -> Base Compensation -> Group Increases -> Assign Group Increases -> Summarize and Approve Raises" there is an incoherence. The five workers appear in the list with the new Compensation Rate and the expected Frequency "M".
Each worker should get 100 increase per month; thus 1200 is the annual increase, but this does not correspond to the Frequency "M".
The compensation change field is very misleading. It always show total compensation & it calculates according the frequency however display Yearly salary change, irrespective of the Frequency used on the Group Budget pages.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms