Calculation method
You can calculate the amount in one of the following ways:
|
Calculation method |
Description |
|---|---|
|
Flat amount |
The amount that you enter for the pay |
|
Percent of total pay |
A percent of the employee's gross pay |
|
Percent of regular pay |
A percent of the employee's regular pay |
|
Percent of premium pay |
A percent of the employee's premium pay |
|
Percent of regular pay plus premium pay |
A percent of the sum of the employee's regular and premium pay |
|
Total hours times rate |
The employee's rate multiplied by hours worked that are regular (all pays with the Include in regular pay calculation check box selected) and premium (pay type of Premium 1, 2, and 3) |
|
Regular hours times rate |
The number of regular hours worked in a pay period multiplied by the employee's rate |
|
Premium hours times rate |
The number of premium hours worked in a pay period multiplied by the employee's rate |
|
Percent of taxable |
A percent of the employee's taxable pay |
