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About the Default Rates Tab

Terms and Definitions

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Effective Date

Defines the date after which the rate goes into effect.

Hourly

Defines the default hourly rate.

Min. WageDenotes the allowable minimum wage.
Tip RateAllows you to denote the minimum amount of tips an employee should be reporting. If an employee's reported tips are less than the amount entered here, a prompt, such as "The tip amount you reported is below the average. Do you have more tips to report?" is displayed when the employee punches out. 

 


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