Using future dates for salaries
When setting a new salary for a Team Member you can ensure the new salary does not become active until the start date with two configuration settings.
When set up:
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A daily batch runs to set new items Active on their start dates.
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New items are only set Active if the start date is today or in the past.
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The Current Salary field on the Employment Record continues to report the salary active today, until the new salary is activated on the start date.
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Amendments to an existing Current Salary record are immediately visible even if the record start date is amended to a future date. If you want a salary award to apply from a future date, create a new salary record with the correct Start Date.
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Salary awards from a finalized HR Request are treated as new items and processed by the daily batch run.
For a future dated salary record to be included in the daily batch, the Team Member associated with the salary record must have a current, active salary record.