Pay Policies
Pay policies are sets of rules that govern how employee hours are interpreted, including rounding of punches, overtime accrual, and holiday credit earnings, as well as the processing of time and attendance information through components like pay codes and work rules.
Pay policies enable you to create rules that interpret employee hours, such as:
- How punches round
- When employees accrue overtime
- When employees earn holiday credits
Pay policies include many components, including pay codes, work rule building blocks, and pay rules. Pay rules control how time and attendance information is processed for each employee.