"Daily Salary based on" Explanation
There is an option Daily Salary based on under Payroll Module Setup, Payroll Tab, Prorated Salary / No Pay Rate Basis or Employee Class, Payroll tab
Daily Salary based on also known as Paid Days Definition.
The options for Daily Salary based on for both Global Working Hours Employees and Roster Employees are
Calendar Days (Default and Recommend#) - everyday under employment is paid
Calendar Days No Saturday - Saturdays are not paid (except Statutory Holiday falls on Saturday)
Calendar Days No Sunday- Sundays are not paid (except Statutory Holiday falls on Sunday)
30 Days Average (not recommend)- every month is 30 days and the daily rate is prorata
30 Days Maximum (not recommend) - every month is always 30 days and the daily rate is always 30 days but the days between are maximum 30 days
The options for Daily Salary based on for Global Working Hours Employees are
Weekdays - Monday to Friday (optionally Saturdays*) are paid, Sunday are not paid
Weekdays+SH - Monday to Friday (optionally Saturdays*) and Statutory Holiday are paid
Weekdays+PH - Monday to Friday (optionally Saturdays*) and Public Holiday (may be on Saturdays) are paid
Weekdays+SH-PH - Monday to Friday (optionally Saturdays*) and Statutory Holiday are paid but exclude the Public Holidays (that is not Statutory Holiday)
* optionally Saturdays - Number of paid days (1, 0.5, 0) for Saturday depending on the option Saturday as Paid Day in Global Working Hours
The options for Daily Salary based on for Roster Employees are
Roster Normal Days - Roster table with Shift Codes are normal day are paid days
Roster Normal+Rest Day - Roster table with Shift Codes are normal day or Rest day are paid days
Roster Normal+SH - Roster table with Shift Codes are normal day or Statutory Holiday are paid days
# Most Labour Ordinance and MPFA Ordinance assumed everyday is paid for Monthly Rate Employee
Assume the Roster Table is defined as 25 Normal Days, 5 Rest Days and 1 SH
* Normal Days can be 1 paid day, 0.5 paid day or 0 paid day depending on the setting Paid Day treated as in Shift Code.
For Monthly Rate Employee. The purposes for this option are
Calculate Number of Paid Days of the month and hence calculate the Daily Rate of the month
Calculate Daily Rate for No Pay Leave (if No Pay Leave Rate Formula is not defined in Employee Class)
Calculate Daily Wage for 12-month Average Wage to comply with EAO 2007
Calculate the First Salary and Final Salary if the join period and termination period is not at a complete month
For Daily Rate Employee (with “Pay Regular Days for Daily Rate Employee” in Payroll Module Setup is turned on). The purposes for this option are
Calculate Number of Days for Salary
Calculate Number of Statutory Holiday for Holiday Pay
Examples of the effect of difference option
Assumptions:
Payroll Period March 2014
Monthly Basic Salary $10,000
When Weekdays, assumed Saturday is not off
When Roster Normal Days, assumed 15 days Normal days in March
When Roster Normal+Rest Days, assumed 15 days Normal days and 2 Rest days in March
See also