Types of Wage Types? What are the characteristics of wages?
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Answer Posted / anu jain
(1) Primary Wage types
(i) Model Wage Type - sample entries starts
with ‘Alphabet’
(ii) Custom Wage Type – Copy the model wage type. It is
a number.
(2) Secondary Wage types
System Wage Type. Starts with ‘/’ means system defined.
Wage type characteristics:
a) Validity Period
b) Operation indicator
c) Minimum and maximum wage type amount, if applicable
d) Whether or not the wage type amount should be
included in the basic pay total
e) Default units of time/measurement, minimum and
maximum number
f) Input combinations for number and amount
g) Indirect valuation and its characteristics
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