PR - Salary Projections

Introduction

The Payroll Salary Budget Projection Application produces a "What If" situation for contractual salaries and employer portion of fringe benefits for the proposed new budget year. This capability gives the administrative office all necessary figures to deal with union negotiations and budget preparation.

Features

• Creation of complete set of Employee files to "play" with while being able to process the regular payroll on a normal basis.
• User defined Tables for Step/Degree/Rank/Longevity and Stipends.
• Separate tables for Current and Projected Year.
• Salary percentage increase Tables.
• Fringe Benefits percentage increase Tables.
• Longevity percentage increase Tables.
• Hourly employee rate increase Tables.
• Ability to run reports as many times as necessary.
• Automatic posting to the new Fiscal Year Proposed Budget File.
• Automatic posting to the new Fiscal Year Payroll File.
• Automatic computation of biweekly (etc) salary based on limits.
• Automatic update of Teacher's Retirement Deduction Amounts.

Reports

• Salary and Benefits Projections by Employee.
• Salary and Benefits Projections by Line Item Account Number.