Factor

With the Factor decimal field, you can predefine salary rates with a percentage factor.

 

Example:

You would like to pay an overtime bonus of 25%. You record the number of overtime hours in the Report journal with the 25% extra pay salary type. The wage rate for this salary type is already calculated at 25% (0.25) in the Rate field.

 

In addition to the 25% surcharge, would you also like to pay 100% for overtime? You set this 125% in the Factor field of the Overtime salary type by entering factor 1.25. The wage rate is therefore increased from, for example, CHF 25 to CHF 31.25.

 

Input of surcharges in the Factor field (examples):

25% surcharge = 0.25

50% surcharge = 0.50

125% (100% + 25% surcharge) = 1.25

etc.