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Currently, wages and salaries are calculated using a flat monthly distribution (annual salary ÷ 12), regardless of the number of working days in each month. This approach ignores variations due to weekends and public holidays, leading to less accurate salary planning, especially for hourly, part-time, or pro-rated employees.
Enable an optional calculation method that distributes salaries based on the actual working days in a month, excluding weekends and public holidays.
Add a working days calendar per country/region, factoring in public holidays
Create a working day factor for each month
Adjust monthly salary using this factor:
Adjusted Salary = (Annual Salary / 12) × Working Day Factor
Add the possibility to calculate the base salary based on the working days of month.
Set working days as an attribute in Month dimension. Calculate Daily Rate in Employee Master Data cube: Annual Base Salary / Working Days. (View screenshot).
Calculate Base Salary in Personnel Costs cube: Daily Rate * Working Days of Month (View screenshot).