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Variable Pay - Basis Calculation

AK21
Participant
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309

Hi

I have a question regarding basis calculation. We want to use the latest salaries and Bonus Target % for basis calculation so want to use "Fixed effective date in EC(Point in time calculation)" option. But there is also a requirement to make custom calculations to basis.

Is there a way to use custom formula option with effective date such that only latest salaries and bonus Target % is used?

Thanks!

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BalajiNudurupat
Contributor
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Hi @AK21 :

Can you elaborate what type of custom calculation you want to make on basis?

Regards,

Balaji

 

 

AK21
Participant
0 Kudos
I need to use base salary for basis, the requirement does not allow using annual salary. There are different frequencies for base salaries but we need to use only 12 as frequency. So the custom formula is basis = base salary * 12 * Bonus Target %