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PAY_IN_BAS_400 - Assign Basic Slabs to Pay Scale Groupings for Allowance

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In this activity, you define the salary slabs for a basic code and method type combination. You can define more than one slab for a basic code.

This is used to set any employee's basic salary during recruitment. You define the method used to calculate increments that the employee would recieve due to reasons such as promotions, change in pay scale groupings and so on. The calculation method could be a fixed amount or a percentage of basic salary.

The basic code BM01 with the increment method 'Amount based' for slabs could be defined as: 1000-250-2000-500-4000. Where the the basic code contains two slabs, the first SL01 containing the range of Rs.1000 to Rs.2000 with increments of Rs.250 and SL02 with the range Rs.2000 to Rs.4000 with increments of Rs. 500.

This indicates that increments will be paid at the rate of Rs.250 till the basic amount reaches a maximum of Rs.2000. The second slab begins with a minimum basic of Rs.2000 and is incremented at Rs.500, till the amount reaches Rs.4000.

After entering the basic code and selecting the increment method, assign a sequence number in the SeqNo field.

Specify the minimum and maximum range for the basic salary.

Enter the increment amount or percentage, as applicable in the Inc.Amount and Inc.% fields respectively. This is based on the increment method type entered in the Inc. Method field.

Specify the method used to calculate the increment percentages in the Percentage Method field in case the increments are based on a percentage of basic salary.

Select the currency and save your entries.

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