Thresholds and Limits
Compensation types can be set up with upper limit and lower thresholds on their pay out.
Quick facts on thresholds and limits:
- Thresholds and limits can be setup for pay periods and annually.
- Gross pay: Pay period calendar defines pay period and calendar year.
- Base salary: Limit and threshold are averaged down to the entered calculation period.
- Period limit and threshold cover the period length defined on the compensation type.
- Annual limits and thresholds cover a year.
Parent Topic: Compensation Types