What is pay rate determinant in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: pay rate determinant

• Component: PSM-FG

• Component Name: Functions for U.S. Federal Government

• Description: A designation of any special factors that help determine an employee´s rate of basic pay or adjusted basic pay.

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• Key Concepts: 
  Pay rate determinant is a component of the PSM-FG Functions for U.S. Federal Government. It is used to determine the pay rate for an employee based on their job title, grade, and other factors. It is used to ensure that employees are paid fairly and accurately according to their job duties and responsibilities. 
  
  How to use it: 
  The pay rate determinant is used to calculate the pay rate for an employee based on their job title, grade, and other factors. The system will take into account the employee's experience, qualifications, and other factors when determining the pay rate. The system will also take into account any applicable laws or regulations that may affect the pay rate. 
  
  Tips & Tricks: 
  When using the pay rate determinant, it is important to ensure that all relevant information is taken into account when calculating the pay rate. This includes any applicable laws or regulations that may affect the pay rate. Additionally, it is important to ensure that all employees are paid fairly and accurately according to their job duties and responsibilities. 
  
  Related Information: 
  The pay rate determinant is part of the PSM-FG Functions for U.S. Federal Government. This system also includes other components such as salary administration, job classification, and performance management. Additionally, there are other systems available that can be used to manage payroll and employee compensation such as SAP ERP Human Capital Management (HCM).