Last updated on SEPTEMBER 11, 2014
Applies to:PeopleSoft Enterprise HRMS Benefits Administration - Version 8.8 SP1 to 9.1 [Release 8.8 to 9.0]
Information in this document applies to any platform.
Hourly and salary pay periods are the same, salaried employees get paid on the pay period end date, and hourly employees get paid the week following the pay period end date. What will happen with the first paychecks of 2006?
For example, our last 2005 pay period is 12/17/05-12/30/05. The paychecks cut on 12/30/05 for the Salaried employees would be based on 2005 elections and rates. The first Hourly paycheck in 2006 will be on 1/6/06 but for pay period ending 12/30/05. I want to make sure that the 1/6/06 paycheck will reflect 2006 elections and rates, not 2005 (even though it is for a pay period that is totally contained within the 2005 calendar year.)
What needs to be done to ensure all paychecks cut in 2006 reflect the elections and rates that are in effect on the date of the paycheck
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