Automatically recognizes the effective dates of mid pay period rate changes
Mid Pay Period Rate Changes captures information when a pay rate change is made and stores it for later use during payroll processing. Pay rate changes are then automatically implemented.
Enforces different pay rates within the same pay period & shows this in the earnings statement
Employees can verify their pay rate changes by seeing their old pay rate and corresponding hours on one line on the earnings statement and the new pay rate with corresponding hours in a different line.
Payroll transactions will automatically update during payroll processing
Payroll transactions occurring after the pay rate change will reflect the new rate. Payroll transactions occurring before the pay rate change reflect the old pay rate.