Time codes allow different pay rates depending on the code entered, including shift differentials, overtime and vacation pay. Each time entry is assigned 2 different time codes:
- Regular Time: The time code entered in regular time is used when the employees total daily and weekly hours are below the configured overtime threshold.
- Over Time: The time code entered in over time used when the employees total daily or weekly hours are above the configured overtime threshold.
The daily hours are calculated from the last clock in time.
Each time code can be configured as a multiple of the employees base pay rate, or an absolute value. A multiplier is useful for overtime (typically 1.5x pay rate) or a shift differential (ie weekend rate). For more information on each setting click on the question mark when editing a time code under Settings→Time Codes