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When you click on Two Tiered Calculation you will see 4 more fields:

Annual Threshold
% to apply to Lower Tier
% to apply to Higher Tier
Prorate Threshold

Example 1, if you specify:

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  • Employee is paid Monthly
  • Employee has $4000.00 paid on January timesheet
  • 2% of $4000.00 is $80.00
  • Result would be $80.00

 

Acclaim will use the lower tier percentage until the year-to-date of this category is reached to annual threshold ($800.00), then the program will use the higher tier percentage.