How to determine the Compensation for an Employee based on Default Premium Pay

Overview

Compensation:

With Compensation in ByDesign, you can implement a compensation system for your company. You do this by creating compensation components (earnings and deductions), defining compensation structures, and assigning this information to individual employees.

This document helps to identify and determine the final Compensation Structure for an employee according to the Default Premium Pay activity.

How to check Compensation Details of an Employee and Configuration Settings

Check the Compensation Details available for given employee:

Steps to follow:

• Go to Compensation workcenter
• Select Employees view
• Search required Employee

• Check the Default Premium Pay for the Country for this employee:Steps to follow:
  • Go to Business Configuration workcenter
  • Select Implementation Project view
  • Select Open Activity List

Search Activity ex- Default Values for Time Recording – US

You need to then check the mapping of Premium Pay with Time Type:

Steps to Follow:

• Go to Business Configuration workcenter
• Select Implementation Project view
• Select Open Activity List

Search Activity ex- Time Type-US

You can check in Compensation Component under Compensation Workcenter for the percentage of payment to this combination of Compensation and Premium Type:

Steps to follow:

• Go to Compensation workcenter
• Select Employees view
• Search required Employee

Now the employee enters the Time Sheet with Time Type and Premium Pay:

The above combination decides the payment for employees in their compensation.

Conclusion

Situations where users can see unexpected Premium Pay for an employee in the system, they can check above settings in their system to identify which rule is populated for the employees. The Default Premium Pay settings must have been configured in the system which determines the value of Premium Pay for an employee.