Exam C-HCMP-2311 Topic 6 Question 23 Discussion

Wage types in SAP HCM Payroll are used to assign payments and deductions as well as to control the payroll program. They are the building blocks of the payroll module and areessential to compensate the employees1. In the case of an hourly wage type, the hourly rate, which should be multiplied by the number of hours performed by the employee, during the payroll run2. Therefore, wage types /001 and /002 can be used to calculate the hourly base rate for salaried employees. References =
https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/e533a9d0e7e547818964b2fd3226924b/953ac2531bb9
https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/21a0a960d9b44ccaa6ac02f87e100f2f/37cade5371874