Salary Grades
This screen is used to define the minimum and maximum values for a salary.
(Hover over with your mouse to see the sample image in full size.)
Prerequisites
- Prevar Setting *SALARY_GRADE is used to setup auto percentages.
Rules and Guidelines
- A Salary Grade of 9999 exists by default and must not be deleted or modified.
- If the Auto % figures are not correct for your organisation, please refer any changes to your System Administrator or Consultant.
- For Hosted Clients, contact Neller.
- Fields with asterisk are mandatory fields.
Field Information
Code*
This field displays a 4-character code that represents the Salary Grade code.
Description*
This field displays a description of the Salary Grade code.
Midpoint Salary*
Type the value of the mid-range of the salary to be paid to this grade.
- When this figure is entered, the system automatically calculates and fills in the range of salaries that can be overridden.
Salary Ranges Based on Mid Salary and Auto %
The Maximum, Upper, Lower and Minimum Salary amount entered is the Midpoint Salary (multiplied by) the Auto %.
Hay Formula Points
The Hay Formula fields may be used to store data relating to the Hay Job Evaluation system and if used, data may be included in reports for salary comparison purposes.