Personnel Budgeting - Calculation: Milestone - Flat Amount Per Time Period

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1. Select Add Option and create a title, such as Longevity. You will only be able to create one option and will add multiple accruals as part of that option. 
2. Then set Accrued Value, the Range (years, months, weeks, or days), Amount, and Frequency (per month, per year, one-time) for how often this additional pay option should be accrued.
3. Choose a Calculation Model to calculate by; either Summation or Max. 
   • Summation: This calculation model will sum all of the achieved milestones that the individual has gained over their full tenure. 
   • Max: This calculation model will take value associated with the maximum achieved milestone without considering any previous milestone values.
4. Choose the Pay Structure to calculate; either Pro-rated or Paid in Full.
   • Pro-rated: This Pay Structure will pro-rate the milestone pay to only what applies to the fiscal year. This could lead to a smaller overall value given the date the milestone was achieved.
   • Paid in Full: This pay structure will force the system to pay out the full amount of milestone, regardless of when in the fiscal year it was achieved.
5. Select the Unit Assignment(s) for this additional pay rule.
6. Add any additional notes (optional)