Pay
Compensation history and effective dating
What is Compensation history and effective dating?
Compensation history is the record of an employee's pay over time, and effective dating means each change is stored with the date it takes effect, so past and future salaries stay accurate.
Effective dating shows what someone earned in any past month, and it handles raises scheduled ahead or changes applied back-dated. That is what later pay-history questions need. Sensitive salary fields should be encrypted at rest.
Related terms
Put these terms into practice
Flat-rate HR for European SMBs. 30 days free, no card, cancel anytime.
Start 30-day free trial