Wage adjustment

In this example, we are still in November 2024.

 

Adjustment retroactive as of 01.09.2024

As this is a retroactive change, the ‘Salary amount’ field must be adjusted via TimeMachine as of 01.09.2024. The Employee card is not changed.

 

Adjustment as of 01.11.2024

As this adjustment relates to the current month (before the payroll run is settled), this change is made directly on the Employee card in the ‘Salary Amount’ field. TimeMachine is not used in this case.

 

Adjustment into the future as of 01.01.2025

As this is an adjustment into the future, the ‘Salary Amount’ field must be adjusted via TimeMachine as of 01.01.2025. The Employee card is not changed.