Scheduling Rate Changes

It is possible to automatically update pay and charge rates (pay codes) on a specific date. This can be useful in managing timelines when you know in advance that a pay rate is going to change and yet do not have enough time between last using the existing pay rate and running the next payroll.

To do this - select the relevant pay code (edit) and click on the Schedule Rates Change button;

image

From here make any changes needed and enter in the effective date (needs to be a date in the future).

image

The Scheduled Rate Change is added and listed as a Pending Pay Code in the Client's pay code list;

image

Now select the pay code and add the required pay code items for the new rates.

image

The new pay code will be activated on the scheduled date (when a pay/charge transaction is entered) and the old code will be archived.

For customers using a front end system such as RecruitOnline - the new rates will be updated in that system and also the existing orders.