Is it possible to set up an hourly pay code that has a set starting rate, but increments by some amount based on years of service (ie 10 cents after 1 year, 50 cents after 5 years, etc)? If it is possible, how would affect an employee that has been with the company 5 years, but they are recently assigned this new pay code, so their rate should be the base pay rate amount, plus the 50 cents for years of service?
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