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For example suppose an employee is paid $10/hr and makes $15/hr when working overtime. If the employee worked 50 hours total, 10 of which were overtime hours, he would have $500 in regular base pay and $50 in overtime base pay:
50 hours × $10 =$500 regular base pay
10 hours × $5 (extra $ on top of regular pay) = $50 overtime base pay
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image | Incentive Base.jpg |
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title | Fig.58 Incentive 75 Example of Base Pay Example |
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Suppose the incentive plan is configured such that an employee performing between 100% and 110% receives an additional 5% of the base pay, while an employee performing between 110% and 125% receives 10%. If the employee performed at 115%, he'd receive 10% of the base pay, resulting in:
10% of $500 = $50 regular incentive pay
10% of $50 = $5 overtime incentive pay
Total incentive pay: $55
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image | Total Incentive.jpg |
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title | Fig.76 Example of Incentive Pay |
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Approve Incentive
The Approve Incentive screen is used to approve or deny the incentive payout for individual employees over specific review periods.
To access the Approve Incentive screen:
- Select Incentive under the Operations menu. The Approve Incentive screen appears with all the employees' status as Awaiting Approval.
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image | Incentive.jpg |
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title | Fig.77 Approve Incentive |
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Search Employees
The list can be expanded to include all statuses (additionally "Approve" and "Disapprove"), or narrowed down by searching for specific employees. Click Image Added in the Approve Incentive screen and the Search Employee screen appears. Any of the following search criteria may be provided:
- Last Name
- First Name
- Role
- Supervisor
- Facility
- Department
- Schedule
To search for particular employees:
- Click Image Added in the Approve Discipline screen and the Search Employee screen appears.
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image | Search Incentive.jpg |
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title | Fig.78 Approve Incentive - Search Employees |
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- Type at least one of the criteria mentioned above (Last Name, First Name, Role, Supervisor, Facility, Department, or Schedule).
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- To list the employees whose last name starts with a particular character, type the character in a specific field. For example, to search the employees with last name starting with the character 'M', enter 'M' in the Last Name field to list employees with last names beginning with an 'M'. You can apply this wild card character to any of the search criteria.
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image | Inc Wild Card.jpg |
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title | Fig.79 Approve Incentive - Search Employees Using Wild Card |
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- Click Image Added in the Search Employee screen. The records matching the search criteria are listed in the 'Search Results' section of the Search Employee screen.
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- If no search criteria are specified, all the employees are listed in the 'Search Results' section.
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- Select the check box to the left of each employee you would like to see and click Image Added. The selected employee(s) list is displayed in the Approve Incentive screen.
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image | Select Incentive.jpg |
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title | Fig.80 Approve Incentive - Selected Employees |
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Approve or Disapprove Incentive
- Select the check box of each employee in the list to be approved or disapproved.
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image | Select Incentive 2.jpg |
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title | Fig.81 Approve Incentive - Select Employees |
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- Check either check box in the Approve or Disapprove columns: "Approve" to approve the incentive pay, or "Disapprove" to deny the incentive pay for the specified review period.
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- If a record is to be disapproved, a "Reason Code" must be selected.
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image | Approve Incentive.jpg |
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title | Fig.82 Approve or Disapprove Incentive |
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- Click Image Added to update and save the records.
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- You can only edit records where the Status is set to Awaiting Approval.
- If you have made the changes in the fields and do not want to save the details, click Reset before you save the changes.
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