What are the steps to create an Earnings Element? And what does all the information mean?
Answer (Example: bonus earnings, expense reimbursement, commissions)1) Navigate to your HRMS Responsibility2) Navigation: Total Compensation > Basic > Earnings3) Datetrack 4) Name (must be unique, e.g., Bonus-Year End, maximum of 16 characters)5) Reporting Name (must be unique, maximum of 12 characters, used in reports, Statement of earnings and Online Payslip)6) Element Description – optional (e.g., Bonus – Year End)7) Classification: (e.g., Supplemental Earnings)8) Category: (e.g., Bonus)9) Checkboxes: – FLSA Overtime Earnings – if checked, Earnings are included in the formula used to calculate FLSA overtime – US Leg- FLSA Overtime Hours – if checked, Hours are included in the formula used to calculate FLSA overtime – US leg- Overtime Earnings – – Ca Leg.- Overtime Hours – – Ca Leg.- EI Hours – Indicated is earning is to be included In the calculation of EI Hours – CA Leg.- Reduce Regular – if checked, this earning reduces the regular salary of a salaried employee when timecard is no
