Rates

Select the Rates tab.

Hourly Rate

Enter a formula that the system uses to calculate an actual hourly rate. You can enter a specific hourly rate or create a formula for calculating the hourly rate. For example, you might want to create a formula to multiply by two the employee's regular hourly rate if he or she worked on a holiday. If you leave this field blank, the system uses the employee's rate from the employee master or union pay rates table. If you enter a specific hourly rate, the system uses that rate for all employees for whom the template is processed.