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