on 2023 Mar 30 10:01 AM
What options are there to display complex calculations in CP/EC, e.g. add up amounts (pay components/pay component groups), multiply by percentages, add conditions if necessary in CP/EC?
Request clarification before answering.
As in really show it on X + Y level or show fields that show the output (as for the X+Y stuff that might be challenging, I'd rather put that in the label what is being added, deducted etc.)?
As it's a generic question I can only generically name some stuff.
EC:
- Split fields with outputs and inputs in a portlet and use business rules to calculate stuff (which then really gives a lot of options to select data and divide/multiple/add/deduct etc. it)
- Use Pay component groups to apply frequencies to present amounts and to get a grand total of that
- Use standard fields (i.e. time in postion, range penetration, compa-ratio etc.)
- You could also manually insert stuff from a calculation or have integration center/a report do the calculation and write it somewhere
CP (I reckon this means Comp?)
- Bonus calculation already gives various options to calculate a bonus varying from a formula to set pay components (potentially even at a given point in time)
- Guidelines in a way calculate too as they apply it based on the salary
- Formula's provide various ways to calculate stuff (not just adding/deducting etc., but also lookups for instance)
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Hi Jasper, thanks for your reply. Yes, with CP I mean compensation module 🙂
Regarding EC business rules I was told only basic addition of amounts is possible (e.g. summing up paycomponent amounts). Are you saying that also multiplication and division or the calculation of percentage is possible? This would be great, I am looking for this. Your advise is appreciated.
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