There are many reasons why you might like to make mid-year changes to pay rates within a Personnel Budgeting scenario:
- Mid-year merit or COLA increase
- Mid-year health insurance premium increase
- Mandated update to the minimum wage
- Employee on leave
- Factor in a waiting period for employee benefits
This tutorial walks through each of these use cases for updating rates on pay items.
This tutorial is intended for those users who have some experience with Martus' Personnel Budgeting. You should be familiar with Martus' personnel budgeting in general, and you should already have set up your pay types, added positions, and assigned pay types to those positions.
Click the link below to view this video.
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