Specifies the pay type for an employee.
Constant |
Description |
---|---|
Hourly |
Paid by the hour. |
Salary |
Paid a specific amount each pay period. |
Piecework |
Paid per unit made or completed. |
Commission |
Paid according to what and how much an employee sells. |
Business Expense |
Used to track the records of employees who are reimbursed for mileage and travel expenses. |
Overtime |
The employee is paid for working more than the assigned number of hours and is paid at different pay rates for the additional hours. |
Double Time |
The employee qualifies for double-time pay. |
Vacation |
The employee receives pay while on vacation. |
Sick |
The employee receives pay while sick. |
Holiday |
The employee receives paid time off during holidays. |
Pension |
The employee is retired and receives pension pay from the company. |
Other |
Used to classify additional types of pay. |
Earned Income Credit |
The employee qualifies for the earned income credit and has filed a W-5 form. |
Charged Tips |
The employee receives tips from customers through a charge card or check. |
Reported Tips |
The employee receives cash tips from customers. |
Minimum Wage Balance |
The employee must earn a specified minimum hourly amount. Available only for Charged Tips and Reported Tip pay types. |