Percentage Advance Pay for Individual Valuation Bases

Use

Collective agreement provisions usually stipulate that time wage types such as Overtime on Sunday and Overtime on Public Holidays must be valuated with a percentage of the employee’s basic remuneration.

Example Example

The Overtime on Sunday wage type must be valuated with a 25% increase in basic remuneration, consisting of the salary , standard bonus , and voluntary bonus . Valuation basis 1 is used.

There are two ways of effecting this percentage increase:

End of the example.

  • Percentage increase of base wage type

The base wage type is the Overtime on Sunday time wage type. This wage type is valuated with 125% of valuation basis 1. If an employee works overtime on a Sunday, he or she is assigned the wage type Overtime on Sunday valuated with 125% of valuation basis 1.

  • Create a derived wage type

The Overtime on Sunday base wage type is valuated with 100% of valuation basis 1. You also specify the Overtime on Sunday derived wage type : 25 % . This wage type is valuated with 25% of valuation basis 1.

In this case, the employee has the following wage types:

  • The Overtime on Sunday base wage type is valuated with 100% of valuation basis 1.

  • The derived wage type Overtime on Sunday is valuated with 25% of valuation basis one 1.

The advantage of this procedure is that the derived wage type enables you to display and print the 25% bonus separately in the form.