street scene.jpg (25946 bytes)

mainstreet title bar.jpg (9890 bytes)

 

 

 

 

 

 

 

 

 

 

 

Earnings Management

MainStreetTM Earnings Management is a comprehensive tool that allows you to manage earnings.  Grade/Step tables can be maintained to drive step increases and control rates.  Personnel Actions for Step Increases Due can automatically be generated. 

Global Employee Rate change tools are also available to adjust earnings by a flat amount or percentage for such events a COLA increases.  You also can make global changes to employee rates to adjust to current grade/step rates after changes have been made to grade step tables.

Retro Pay administration is easy when you employ the Retro Pay Journal to automatically calculate retro pay .  The Build Retro Transactions function automatically creates payroll checks with the retro pay.

Benefits

  • Control rates to be compliant with grade step tables
  • Efficiently administer rate changes
  • Reduce time to process Retro Pay 

Features

  • Unlimited Grade/Steps with min and max rates for each Grade/Step. 
  • Step changes can be a flat amount or Percentage
  • Step Increase Due Report list all employees due for a step increase
  • Step Increases due can automatically generate a personnel action.  The personnel action is then used to route and get approval required to complete the step increase due. 
  • Print a list of Employees by Grade/Step
  • Adjust Employee Rates by a percentage or flat amount you specify.  The Global Earnings Journal provides a complete audit trail of changes.
  • Adjust Employee Rates to match a current Grade Step schedule.
  • Calculate Retro Pay Due using the Retroactive Pay Journal.  Retro pay factors can vary by Earning Code.
  • Automatically add retro pay to Payroll Checks using the Build Retro Pay Transactions function.
  • Retro Pay Amounts calculated can be overridden as required.
  • Use the Rate Change History by Date to view all previous rate changes.
  • Use the Earnings Rate Control report to report any discrepancies between current Employee Rates and Grade/Step Rates
  • An Earnings Inquiry show current rates by employee

Grade/Step

Inquiries Menu

Grade/Step Maintenance         

Earnings Inquiry                 

Table Maintenance              

Raises Due                       

Global Grade/Step Changes      

Rate Change History – by Date    

Grade/Step Rate Summary        

 

Grade Step Rate Schedule       

Global Rate Change % or Flat

 

Global Earnings Journal        

Step Increases

Employee Exceptions Entry       

Step Increases Due List        

Global Earnings Update         

Step Increase Due - Forms      

 

Step Increase Due – Actions     

 

Employees by Grade/Step        

 

 

 

 Retro Pay

 

Retroactive Pay Journal         

 

Build Retroactive Transactions  

 

Build Retro Flat Hours

 
 

 

Integration

MainStreetTM Earnings Management is fully integrated with a complete set of Human Resource applications:

Payroll Position Control Employee Self Services
Applicant Tracking Personnel Actions Cobra Management
Human Resources Performance Evaluations Manager Self Services
Benefits Management Personnel Budgeting Departmental Time Entry
Send mail to webmaster@MainStreetasp.com with questions or comments about this web site.
Copyright © 2001 MainStreet Software Corporation
Last modified: October 13, 2006