What are Earning Types and How to Configure Them
Standard earning types include wages, salaries, and overtime pay.
In this area, you’re able to create custom Earning Types that can be used for all employees when running payroll. Examples of custom Earning Types include Parking or Phone Stipends/Reimbursements, Bonuses, or Commission.
To create a new Earning Type:
- Select the “Payroll” tab in the top navigation menu.
- Select the “Settings” tab in the secondary navigation menu.
- Select “Earning Types” from the left side menu.
- Review the library of existing Earning Types to confirm the new type is not a duplicate.
- Enter a “Code” and “Name” for the new earning type. For example, a parking subsidy may have the code of “PARK” and a name of “Parking Stipend.”
- Select “Add.”
- Existing earnings can be edited or removed from the action gear beside each type.
- Note: Adding or removing earning types will not affect any currently open payroll runs.
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