Earning Rate
Earning Rate work rules determine the rate at which the earning is paid.
The Earning Rate work rule type includes the following work rules:
- Accrual Transfer Rate
- Home Job Rate
- FSLA Earning Rate
- Earning Fixed Rate
- Home Department Earning Rate
- Contract Daily Earning Rate
- Average Day Over Last X Weeks Worked
- Earning Override Job Rate
- Factor Rate
- Prior Balances Rate
Accrual Transfer Rate
Description | Calculates an earning rate based on a cost accrual divided by an hours accrual. By dividing the amount earned by the number of hours that went into the accrual, you can determine the rate at which the accrual was paid out. | |
Parameters | Parameter | Description |
Cost Accrual | Cost-based accrual for the earning. | |
Hours Accrual | Hours-based accrual for the earning. | |
Selected Earnings | Earning Types to which the factor is applied. |
Home Job Rate
Description | Sets the earning rate according to the home job pay rate. | |
Parameters | Parameter | Description |
Factor | Factor to apply to the earning, earning total dollars will be calculated as Hours X Rate X Factor. | |
Selected Earnings | Earning Types that are affected by this rule. |
FSLA Earning Rate
Description | Calculate FLSA regular rates of pay for employees. The FLSA Earning Rate work rule, which assigns rates based on the FLSA rate for the week, is calculated using the following formula: Total Pay / Total Hours = Regular Rate of Pay The FLSA Earning Rate can be applied to an earning and then configured for users' Prompt For Fixed Earning work rule. Note: This rule will give an error if it is run on an earning where the type is marked as include in average wage calcs. | |
Parameters | Parameter | Description |
Calculate Over Pay Period | If the check box is selected, the rate is calculated over the pay period. | |
Factor | Factor to apply to the earning. Earning total dollars is calculated as Hours X Rate X Factor. | |
Min Wage Per Shift | If the check box is selected, the greater of hourly rate or minimum wage is applied against each shift, rather than the average rate of all shifts worked. | |
Selected Earnings | Earning Types that are affected by this rule. |
Earning Fixed Rate
Description | Designate an earning to be paid at a fixed rate of pay per hours worked. This work rule can be used in situations where employees need to be paid at a fixed hourly rate that is different than their usual rate. | |
Example(s) | A senior employee is offered an additional $1.00 per hour for hours spent training a new hire. The manager would apply the Earning Fixed Rate Work Rule to add the extra $1.00 per hour earning, so the employee is correctly paid. A new hire is offered a rate of $16.00 per hour. The rate will kick in only after the new hire has completed a 22 hour orientation, for which the employee will only make $11.00 per hour. The manager can apply this work rule and remove the work rule after the required orientation hours have been met. | |
Parameters | Parameter | Description |
Rate | The hourly rate at which the employee will be paid. | |
Selected Earnings | Earning to be paid at the designated Rate. |
Home Department Earning Rate
Description | Regular rate for the home department is set according to home job pay rate. This rate is calculated by multiplying the Home Job Pay Rate by the Rate Factor. Jobs outside of the home department will use the property default rates. | |
Parameters | Parameter | Description |
Factor | Factor to apply to the earning. Earning total dollars is calculated as Hours X Rate X Factor. | |
Selected Earnings | Earning Types that are affected by this rule. |
Contract Daily Earning Rate
Description | Set the home job Daily Rate for contract employees. The calculation for the rate is: (Weekly Contract / Days Per Week) x Hourly Rate x Rate Factor | |
Parameters | Parameter | Description |
Factor | Factor to apply to the earning. Earning total dollars is calculated as Hours X Rate X Factor. | |
Selected Earnings | Earning Types that are affected by this rule. |
Average Day Over Last X Weeks Worked
Description | Computes daily rate based on average day over last X weeks worked. | |
Parameters | Parameter | Description |
Factor | Factor to apply to the earning. Earning total dollars is calculated as Hours X Rate X Factor. | |
Last X Weeks | Number of weeks to be used in calculating the average. | |
Selected Earnings | Earning Types that are affected by this rule. |
Earning Override Job Rate
Description | If an employee makes less than minimum wage, this work rule overrides the job rate and applies a factor on that new rate for specific earnings. | |
Parameters | Parameter | Description |
Factor | Factor to apply to the earning. Earning total dollars is calculated as Hours X Rate X Factor. | |
Override Rate | The new hourly rate to be paid as the override amount. If the Use Minimum Wage check box is selected, the new rate will be equal to the minimum wage. | |
Selected Earnings | Earning Types that are affected by this rule. | |
Use Minimum Wage | If the check box is selected, the new rate will be equal to minimum wage. |
Factor Rate
Description | Apply a Factor to specified earnings. | |
Parameters | Parameter | Description |
Factor | Factor to apply to the earning. Earning total dollars is calculated as Hours X Rate X Factor. | |
Selected Earnings | Earning Types to which the factor is applied. | |
Use Home Job for Base Rate | If the check box is selected, the home job rate will be used as the earning base rate, rather than the earning job rate. |
Prior Balances Rate
Description | Configure earning rate based on a rate derived from prior accrual balances. | |
Parameters | Parameter | Description |
Cost Accrual | Type of Accrued Costs that count toward Prior Balances Rate. | |
Hours Accrual | Type of Accrued Hours that count toward Prior Balances Rate. | |
Selected Earnings | Earning Types to which the factor is applied. |