Pay Codes
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Pay Codes are used to record and categorize time, therefore when other policies such as Regular, Overtime, Premium and Absence Policies are calculated, the resulting time is recorded as a Pay Code. Multiple policies can record time as the same or different Pay Codes as necessary.
See the Basic Operation section for details on viewing, adding, editing and deleting.
Pay Code Tab |
FIELD |
DESCRIPTION |
Type |
Specify if the time is considered Paid or Unpaid. In the case of salaried employees, it can be Docked from their salary or Paid in addition to their salary.TYPE | DESCRIPTION |
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Paid | Considered paid time for hourly employees; does not affect salaried employees. | Paid (Above Salary) | Increases salaried employees wage; does not affect hourly employees. | UnPaid | Considered unpaid time for hourly employees; does not affect salaried employees. | Dock | Reduces salaried employees wage; does not affect hourly employees. |
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Pay Formula Policy |
Pay Formula Policy used to convert time to dollars. |
Pay Stub Account |
This field defines the Pay Stub Account that is used when processing payroll to display any hours/dollars associated with this pay code. |
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