FastTrack360 Version 12 Online Help

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Description

To determine National Minimum Wage, it has to be identified:

  • Which pay codes are used to identify a payee’s basic pay rate and

  • Which pay codes hours are used as worked time to be included in the total hours

The reason these have to be identified is:

  • If a payee is paid overtime, the premia value cannot be used to determine the minimum wage, only the worked hours in conjunction with the payee’s basic rate.

  • Not all pay codes should be considered as part of the NMW determination. For example, any type of allowance that is an enhancement to their pay should be excluded.

The following fields have been added to the Pay Code screen:

Field

Description

Rules

NMW Base Rate

Identifies if a pay code is the payees basic pay rate code.

There should be a pay code against the payee’s job rate that has a pay code determining that it is their basic pay. If this is not set against the job order, it will not be possible to assess NMW.

  • This is visible when

    • The NMW Enabled flag in the hierarchy is checked on.

    • The pay code type is Ordinary, Overtime, Allowance

  • This can be updated any time.

  • The setting is only used in the current pay batch and will not be retrospectively applied to closed pay batches.

Included in NMW Determination

Identifies if the units applied against this pay code is included in the NMW determination.

  • This is visible when

    • The NMW Enabled flag in the hierarchy is checked on.

    • The pay code type is Ordinary, Overtime, Allowance

  • This is automatically checked on and cannot be changed if the NMW Base Rate is checked on.

  • When enabled, this can be updated any time.

  • The setting is only used in the current pay batch and will not be retrospectively applied to closed pay batches.

Salary Sacrifice

This has been added for future development whereby salary sacrifice pension schemes can be applied. It has no function at this current time.

  • This is visible when

    • The NMW Enabled flag in the hierarchy is checked on.

    • The pay code type is Ordinary

Benefits

Allows users to configure their pay codes for the determination of national minimum wage.

Configuration

See National Minimum Wage - Hierarchy.

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Classification-Public