Overview
The Pay History tab is a record of the pay rate and salary change history for employees. Their effective date range governs pay rate calculation in time sheet entry. Only one entry can have no end date; i.e., the entry for the most current pay change.
Field Descriptions
Below are field descriptions for the Employees Pay History tab.
• | Start Date - Effective start date of the pay information for that row. |
• | End Date - Effective end date of the pay information for that row. Leave blank for the current pay information. |
• | Currency - Enabled with Multi-Currency Setup. Designated currency utilized by the selected employee pay history. This designation determines the transactional currency of the employee's time sheets and (therefore) the evaluation of available Rate Schedule rates for time entered. For complete instructions on setting up a Multi-Currency environment, go here: More on Multi-Currency |
• | Hourly - When checked, indicates this is an hourly employee. |
• | Salary Per Pay Period - Employee's salary per pay period is used for two things: |
1. Used in Labor Distribution to post variance. More on Labor Distribution. If you were navigating from the setup page, click here to return to Labor Distribution Setup
2. Used to calculate the Diluted Pay Rate.
• | Pay Rate - For hourly employees, it is the regular pay rate. For salaried employees, this is the average rate based on standard hours. |
• | OT Rate (Overtime 1) - Overtime or premium hourly rate. To change the Label, go to Administration>Global Settings>Labels Tab. When the Overtime 1 label is filled out an additional column will appear on the Pay Histories tab for the OT Rate with the Label Name as a prefix to "Rate" |
• | OT Markup (Overtime 1) - Overtime markup. Used only in certain job cost/bill rate calculations. When the Overtime 1 label is filled out an additional column will appear on the Pay Histories tab for the OT Markup with the Label Name as a prefix to "Markup". |
• | Change % - Calculates the percent variation from the previous line entry (Read-only) |
• | Note - Used for entering notes associated with the line entry (e.g. reason for change, etc.) |
Additional Overtime Types - You are able to enable up to 4 overtime types. To enable additional overtime types, go to Administration>Global Settings>Labels Tab and type in a label name next to the Overtime number.
o | OT Rate - When the Overtime 2 label is filled out an additional column will appear on the Pay Histories tab for the OT Rate with the Label Name as a prefix to "Rate" |
o | OT Markup -When the Overtime 2 label is filled out an additional column will appear on the Pay Histories tab for the OT Markup with the Label Name as a prefix to "Markup". |
o | OT Rate - When the Overtime 3 label is filled out an additional column will appear on the Pay Histories tab for the OT Rate with the Label Name as a prefix to "Rate" |
o | OT Markup -When the Overtime 3 label is filled out an additional column will appear on the Pay Histories tab for the OT Markup with the Label Name as a prefix to "Markup". |
o | OT Rate - When the Overtime 4 label is filled out an additional column will appear on the Pay Histories tab for the OT Rate with the Label Name as a prefix to "Rate" |
o | OT Markup -When the Overtime 4 label is filled out an additional column will appear on the Pay Histories tab for the OT Markup with the Label Name as a prefix to "Markup". |
• | Change % - This represents the calculated pay increase between rows in the pay history grid. The column uses the salary per pay period for its calculation so if you want to see the correct percentage you will need that filled out even on hourly employees. This will not affect any other operations within InFocus. |
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