Configuring Premium Codes

  1. SelectTime Track > Time Track Payroll > Premium Code. The Premium Code form is displayed.
  2. Select a row in the grid.
  3. Specify a premium code, which is used on the Absences and Shifts forms to apply a premium to an absence or portion of a shift.
  4. Specify a description for the premium code.
  5. Specify a premium rate in decimal. A positive value increases hours eligible for the premium, and a negative entry decreases eligible hours. For example, a premium rate of 0.50 specifies a 50% increase, or €œtime and a half.€�
  6. Specify a value in the Payroll Code field.
    Note: By default, a premium value is displayed in this field. On the Payroll Details form, this code is associated with the hours generated by the premium.