How Do I Select the Rate Calculation Rule for an Earnings Element

When using the Elements task to define earnings, you can choose from one of these calculation rules.

  • Factor

  • Flat Amount

  • Hours * Rate

    The payroll process uses one of these methods to derive the rate.

    • Employee's salary basis

    • Through element entry

    Note:

    To ensure proper overtime calculation, the Standard Earnings of Premium secondary classification must use the Hours * Rate rule.

  • Percentage of Earnings