Pay Schedules are used within the system to track the dates for which Employees will be paid. These dates are important for the following reasons:
- To determine deductions that are pro-rated across remaining pay periods for New Hires or when changes are made to existing coverages
- To determine when Payroll Deduction information should be exported from the system
- To determine what Pay Schedule each employee should follow
By default, one Master Pay Schedule must exist for your organization. If more than one Master Pay Schedule is defined, then a Pay Schedule field will appear on the Employee Demographic screen allowing for the designation of a Pay Schedule for each employee.
The Actions drop-down menu allows you to:
- Add New Pay Schedule
- Delete Selected Record(s)