Mid-Year Adjustment Examples

The following are specific examples of changes that can be made on the Detail tab of Personnel Budgeting and the steps to accomplish them.

Example 1 - Adding a mid-year Cost of Living Adjustment (COLA) 

In this example, there is a need to apply a 3% COLA increase in July of the calendar year.

1. Go to Personnel Budgeting > Scenarios.
2. Ensure the appropriate scenario is Selected or set as the Default.
3. Go to the Detail tab.
4. Filter to the appropriate pay items such as the hourly and/or salary pay items.
5. Select all records.
6. Click Update Pay Items.
7. Adjust the starting month to July.
8. Enter 3 for the percentage.
9. Click Update.

Example 2 - Increasing Hourly pay by fifty cents an hour

In this example, there is a need to increase all hourly employees' pay rates by .50 beginning on their anniversary.

1. Go to Personnel Budgeting > Scenarios.
2. Ensure the appropriate scenario is Selected or set as the Default.
3. Go to the Details tab.
4. Filter to the appropriate pay items such as the hourly pay items.
5. Select all records.
6. Click Update Pay Items.
7. Choose the option to start on the employee's Anniversary.
8. Choose the option for a flat rate adjustment.
9. Enter .50.
10. Click Update.