About the Default Rates Section
The Default Rates section lets you define the default rates at which hourly employees are paid for that job. These rates can be overridden in the Jobs (Emp. Maint.) tab.
Terms and Definitions
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Effective Date | Defines the date after which the rate goes into effect. |
Hourly Rate | Defines the default hourly rate. |
| Minimum Wage | Denotes the allowable minimum wage. |
| Tip Rate | Allows 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. |
Configuring the Default Rates Section
To configure default rates:
- Double-click in the Default Rates cell.
- Click the Add button in the pop-up window.
- Enter an Effective Date, Hourly rate, Minimum Wage and Tip Rate.
- Click OK.