Timetable and salary (wage calculation)
New timetable and salary lines for an employee are not always related to a full period. For example, a salary increase of timetable change can also become effective after the first day of a period. In situations like these, Profit can apply the Weighted period calculation. Profit automatically converts the salary or part-time percentage in the start period based on the number of days the new salary or timetable line applies to.
Description
The calculation method is specified as part of the CLA’s settings. This method applies to all associated employers and employees; you cannot deviate at lower levels. You can also decide not to use the weighted period calculation. In that case Profit uses the values that apply on the last day of the period for the wage calculation.
Procedure
- Weighted calculation on the basis of calendar days
If in the CLA you specify that you will use the weighted period calculation on the basis of calendar days, then Profit looks at the actual number of calendar days and the entry’s effective date.
- Weighted calculation on the basis of working days (Monday - Friday)
If in the CLA you specify that you will use the weighted period calculation on the basis of working days, then Profit looks at the actual number of working days from Monday to Friday inclusive and the entry’s effective date.
- Weighted period calculation at employment start or end
In case of an employment start or end, Profit always uses the actual number of working days or calendar days that the employee has been employed. This is dependent on the selected calculation method in the CLA’s settings.
- Limitations of the weighted period calculation
You must always properly check the results of the weighted period allocation. Special attention in particular is required for part-time employees, hourly paid employees and employees with a variable work pattern.
- Procedure without weighted period calculation
You can change the CLA settings to indicate that Profit may not use the weighted period calculation. In that case Profit will always base its calculations on the data available on the last day of the period to be processed. Changes that you specify to become effective during a period (for example, a salary increase) in that case always apply to the entire period. A period can contain multiple salary or timetable lines, however, Profit always uses the values of the last line.
- No gross salary calculated in salary processing
If Profit does not calculate a gross salary for an employee, then check the configuration of the employee.