Update a Standard Value

A Standard Value is the amount to be paid or deducted against a Pay Element every pay period. A typical example of this is a Monthly Salary where the amount paid remains the same each month, or a Child Care Voucher where the same amount is deducted each month.

You can update the standard values against a pay element for an individual, or globally for a group of employees.

  1. Search for the employee and on the Details tab, select the PAY ELEMENTS screen.

     

  2. Select View against the pay element for which you wish to update the Standard Value. The pay element details displays.

     

  3. Select Update so that the screen is in edit mode.

     

  4. Enter the amount you wish to be paid or deducted for each period. When you tab out of this field or select to Save the record, you are presented with the following pop up.

     

  5. Select Yes to set the current period input value to match the Standard Value. If you wish for the current period input value to remain, select No.

  6. Select Save to commit your changes. The standard value is now updated.