Using components of pay is a PeopleSoft Human Resources function that enables organizations to
define single or multiple rates of pay, represented by Comp Rate (compensation rate) codes to identify what
make up a workers compensation package.
The Comp Rate Code table page provides organizations with three capabilities: _____, _____ and _____.
(Choose three.)
A.
create base pay and non-base pay Rate Codes
B.
create minimum, midpoint, and maximum rates for each Rate Code
C.
define step increment advancement by hours and months for each Rate Code
D.
identify Rate Code types, such as a flat rate, an hourly rate, a percentage, or a point system
E.
categorize Rate Code by class to simplify searching throughout the system for specific Rate Codes