Set Up Variable Earnings for Craft Class Templates
You can use the Variable Earnings tab in PR Craft Class Templates to override variable earnings set up in PR Craft Classes.
Variable earnings override the pay rate calculations and are used when the pay rate times the earnings factor will not produce a desired rate.
For example: Shift 1 pays $10/hour for straight time and $15/hr for time and a half, whereas Shift 2 pays $12/hr for straight time and $15/hr for time and a half. Shift 1 can use the pay rate and factor to calculate the proper rate, and no variable earnings are needed. However, Shift 2 overtime is not 1.5 times its straight time pay rate, so variable earnings must be set up to override the standard calculation.
When you enter timecards, the system will compare the variable overtime rates set up on this the Variable Earnings tab to the employee's rate. The system will only use the variable overtime rate if it is the higher of the two rates. If you are using variable rates and auto-overtime, the system calculates the overtime rate using what is set up at the craft/class level.
The following instructions detail how to set up variable earnings for craft class templates.
- Enter a shift number in the Shift field.
Enter a valid earnings
code in the Earn Code field. Press
F4 to select from a list of earnings codes.
The system defaults
information in the Description and Method fields.
Note: Do not specify an add-on earnings on this tab.
- Enter rates in the Old Rate and New Rate fields. The system uses the effective date specified in PR Crafts or PR Craft Templates to determine which rate is used. The old rate is used for timecards entered prior to the effective date and the new rate for timecards entered on or after the effective date.
- Save the record as normal.