FastTrack360 Version 12 Online Help

Job Order - Applying Parity Rates Against Standard Rates

Description

Where a temporary worker is being paid less than a comparable permanent payee, once they reach the status of parity, the temporary worker is entitled to receive the equivalent pay rate to that of the comparable role. This is known as the parity pay rate. You would also have the equivalent parity bill rate.

The following changes have been made to the rates section of the job order:

  • The rate grid cannot be sorted if AWR is active on the country hierarchy.

  • The rate grid cannot be filtered if AWR is active on the country hierarchy.

  • There is a separate row for the parity rate.

  • There is a Parity Type column to differentiate between pre-parity and parity rates.

  • The parity pay rate cannot be lower than the pre-parity rate.

  • The parity bill value can be any value.

  • If the job order Monitoring Not Required is checked on, the parity rate row will not be displayed.

  • If the Direct Valuation checkbox is checked on, the parity rate row will not be displayed.

  • In the Manage Layout option of the grid, it is not possible to hide the Parity Type column where AWR is active.

When AWR is active on the country hierarchy, the parity rate row will be displayed. The entry of the parity rate is mandatory at the time of adding the rate set. If the parity rate is not known at the time of creating the rate set, it is recommended that the pre-parity rate is applied.

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Benefits

Allows for the application of parity rates.

Configuration

The AWR Active flag should be checked on, to be able to manage the parity rates.

Classification-Public