Creating Rate Component Groups

After completing this lesson, you will be able to:

After completing this lesson, you will be able to:

  • Explain what a Rate Component Group represents in an SAP Fieldglass Rate Structure.
  • Navigate a Rate Component Group admin object.
  • Create a Rate Component Group in SAP Fieldglass.

Rate Component Group

Because the results of rate component calculations are often the basis of other calculations, individual components cannot be directly associated to rates. Instead, relevant components must first be grouped into Rate Component Groups and the appropriate relationship of the rate components be established before the rates can be calculated.

Rate Component Groups allows multiple rate components to be applied to a particular position. So organizations can then apply all of the rate variances to a position without having to enter each one separately.

If Rate Components are used, the Rate Component Group is associated to a position and appears on a job seeker's record.

Navigating the Rate Component Group Admin Object

Select the Rate Component Group admin object from the Rate Structure section of the admin menu to view the list of rate component groups that WorkingNet uses.

Create a Rate Component Group

WorkingNet is creating a new Customer Support position for their London Office. As the SAP Fieldglass administrator for WorkingNet, you’re creating the rate structure to support that new position.

Because the position is in the UK, the rate structure includes as rate components a number of fees levied on employers to fund worker pensions and social programs.

In order for those components to be associated to rates, you’ll first need to create a rate component group to collect all of the relevant components and determine how they will be calculated relative to the rate.

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