The global Employee Wage Increase option enables the system to assign a global wage increase to all employees, or a specific group of employees, at the same time.
For description of toolbar functions see Payroll Processes.
▪Select the Payroll Tools menu.
▪Select Employee Wage Increase.
The Employee Wage Increase screen will appear:
The Employee Wage Increase menu is used if your employees have individual rates on their employee profiles (see Rates & Class) as opposed to a generic class rate. |
The two key sections of the Employee Wage Increase screen are:
1.Effective Date
All rates in the StaffScheduleCare system are date driven. The date you select here will determine when the increase becomes effective.
2.The Action
What field(s) will you be updating, Regular or Premiums 1-10, what function will you be performing, Add, Subtract, Multiple, etc., and what Rate will you be assigning to your action.
Running the Employee Wage Increase
The first step will be to determine our Action:
▪Click on the Plus icon to add a new line.
▪Click in the Field window to choose which value will receive the increase from the drop-down menu. i.e., Hourly Rate, Prem 1.
▪Click on the X icon to remove any Actions you do not wish to include.
▪Click on the drop-down in the Function column.
▪Select your method of updating, i.e., Add, Subtract etc.
▪Click in the Rate/Coefficient (multiplicative factor).
▪Add the value that coincides with your Function, e.g., Add - $0.10. No dollar sign or decimal is needed when completing the field.
You may use a saved setting by clicking on the folder icon:
Open saved settings
Or saved this setting by clicking on the Save icon or If you make any changes to previously defined settings that you want to be permanent or save a new setting.
Save your settings.
Configuration Result:
In this configuration setup we see the following rate increase data:
▪The rate increase Effective Date is June 1, 2021.
▪The report Print Sequence will be alphabetically by employee name.
▪The Action is a 0.10 cent increase (add) to the Hourly Rate.
Processing the Increase
Once you have configured the Wage Increase screen it’s time to process your request using the Preview and Process icons on the toolbar.
▪Click on the Preview icon and review the report. No processing will occur.
View the report in PDF format
▪Once you have reviewed the report and are ready to process the increase. Click on the Process icon.
Process
Report Output
In this report we see the employees who will receive a $0.10 increase. The report also shows their existing rate, and what their new rate will be.