What is an EDI 288 Wage Determination?
EDI 288 is a bi-lateral transaction set which facilitates the exchange of information related to wages. It can be used to send requests inquiring about wage information, including information like the prevailing rates of wages. It is also used to respond to requests made for wage information. The data contents and elements of an EDI 288 determine the wage rates based on a number of factors, such as:
- Nature of the workforce
- Occupational categories
- Contract status
- Geographical areas
Workflow for the Exchange of an EDI 288 Wage Determination
The EDI 288 falls under the category of X12F Finance transaction set. Institutions can use this EDI document to send or respond to requests made for information about wages. The requests include information including, but not limited to, the prevailing rates of wages determined by taking into account different factors that affect them.
Stay EDI Compliant with EDIConnect
Simplifying the process of sending and receiving EDI messages, EDIConnect is designed for handling all X12 and EDIFACT transaction sets. Featuring a built-in translator, validator, and transaction builder, EDIConnect aids communication between trading partners, as well as helps them streamline the process of information exchange through a process orchestration.