Can someone explain what the variable field is used in “Salary Structure Assignment”
I am also wondering the same. Can it be used in a formula the same way base is used?
Thanks, this helped. I also had to use Additional Salary component
@stavros
Hi,
The variable field works the same way the base field. There could be case where any component may be based on the variable field.
For eg. a company gives a certain component based on the below formula:
- Variable (x amount)* 0.4
Say the company has 50 employees, but, the allowance is applicable to all on the above formula, irrelevant of the variable amount for each employee. When I assign a salary structure to a particular employee, all I need to do is add a X amount in the variable field and salary will be calculated on the basis of that.
I hope this helps.
Regards,
Reema
Hello @Reema_Mehta ,I just come across your reply when I was searching for answer for my question,
appreciate if you let me know if there is a way to add multiple variables (not depend on equation) it is just fix values for each allowance like one employee has 300$ car allowance and 100$ for food allowance and so on … these values might be different from one employee to another