Enter a pay type code. This code is used on timesheet lines and in various places throughout Costpoint.

Enter a description of the pay type code.

This field displays the rate, which is defined using up to four digits to the right of the decimal in this field, and which is multiplied by the previously calculated labor cost (hours worked times employee's normal rate per hour) on the timesheet line. An example is "1.5" for a rate that pays overtime at one and a half times the normal hourly rate. Use this rate for any type of premium pay, such as shift work. If you do not want to change the previously calculated labor cost on a timesheet line, enter "1.0" for the rate. If you select the Benefit Reimbursement check box, the value in this field must be zero.

Enter the earnings description that will be used when hourly rates are printed at the bottom of the paystub.

If you linked pay types for pay stub consolidation under a parent pay type, the application will use the value on the paystub to describe the parent pay type. If you opt not to enter a value in this field, the Pay Type Description value will be used on the pay stub.

Select this option to add the Amount below to the timesheet labor cost, as is. This may be appropriate for a uniform allowance or other amount that is a flat per pay period amount. If you select the Benefit Reimbursement check box, you must also select this option.

Select this option to multiply the Amount below by the number of hours on the timesheet line, and to add the result to the timesheet line labor cost. No factor enters into this calculation; therefore, no matter what the rate is for this pay type, even if this pay type has a factor other than "1.0," it does not affect the Amount calculation.

Select this option to multiply the Amount below by the number of hours on the timesheet line, to multiply by the Factor of this pay type, and to add the result to the timesheet line labor cost. This is similar to the above usage method except that the factor enters into the equation.

The amount you enter in this field is either a flat amount or is multiplied by the number of hours on the timesheet, depending on the options you selected in this group box. Costpoint adds this flat or calculated amount to the previously calculated labor cost on the timesheet line containing this pay type. Because this is a required field, a default value of "0.00" is provided.

Select this check box if this pay type is an overtime or premium-type of pay type.

Select this check box if this pay type is a cost-only type. A cost-only pay type determines the labor cost based upon the hours worked, but then zeroes out the hours on the timesheet line. Use this option primarily for entering overtime premium to an overhead account. All hours (including overtime hours) are charged directly to the contract at the straight rate. Hours entered for the overhead account are only for calculating the labor cost.

Select this check box to use this pay type for severance pay.

Select this check box to use this pay type for leave without pay.

Enter, or click to select, a negative LWOP pay type to link to a positive LWOP pay type. Costpoint will use this field to automatically create a negative LWOP line when this pay type is entered on a timesheet line.

You may link the same negative LWOP Pay Type to more than one positive LWOP pay type. However, if you use Costpoint Payroll and consolidate the positive and negative LWOP pay types into one line in the paystub’s Hourly Rate Detail section, you must create a negative LWOP pay type for each positive LWOP pay type.

Select this check box to use this pay type for negative leave without pay.

Select this check box to designate the pay type for the salary cap’s sixth day. This check box is used for salary cap calculation and it is part of the salary cap functionality.

Select this check box to exclude the pay type from salary cap calculation.

Select this check box to exclude this pay type from the number of hours worked calculation.

If your company prints the Component 2 Pay Data report on the Print EEO-1 Report screen, you can use this check box to exclude applicable pay types from the hours worked calculation. The Equal Employment Opportunity Commission (EEOC) Component 2 instructions adopt the Fair Labor Standards Act (FLSA) definition of hours worked. Therefore, the hours worked data that employers will report for the EEO-1 Component 2 will be based on the same hours worked that employers record for FLSA purposes. FLSA hours worked generally do not include paid leave such as sick leave, vacation leave, or paid holidays.

Select this check box if this pay type is eligible for use by exempt (from the Fair Labor Standards Act) employees. The Manage Timesheets program checks this field to determine whether such exempt employees can use this pay type. You can identify exempt employees on the Manage Employee Salary Information screen.

Select this check box if this pay type is eligible for use by non-exempt (from the Fair Labor Standards Act) employees. The Manage Timesheets program checks this field to determine whether an employee can use this pay type. You can identify non-exempt employees on the Manage Employee Salary Information screen.

Select this check box if salaried employees can use this pay type. The Manage Timesheets program checks this field to determine whether a salaried employee can use this pay type. You can identify salaried employees on the Manage Employee Salary Information screen.

If you want to pay overtime to salaried employees, you must select this check box, even if this is an overtime pay type. If you want to pay overtime to salaried employees and this is an overtime pay type, select both the Salaried and Overtime check boxes.

Select this check box to specify whether this pay type is eligible for recasting by the Manage Overtime Premium Recast Charge Codes screen. If you select the Eligible check box, any timesheet lines containing this pay type have the premium portion of overtime recast to a new timesheet line.

Enter, or click to select the pay type to use for the new recasted timesheet line generated by the Manage Overtime Premium Recast Charge Codes screen. The pay type identified here is specific to this pay type when encountered on the timesheet line. You can identify a company-wide pay type for the same purpose on the Overtime Settings subtask of the Configure Labor Settings screen. Leave this field blank if you want to use the company-wide pay type for recasting purposes. If you enter a pay type, it must already exist in the Pay Types table and you must have selected the Eligible check box.

Select this check box if the pay type must be calculated for overtime premiums on the Allocate Compensated Overtime Across Timesheet Lines application.

Select this check box if the pay type must be allocated for overtime premiums on the Allocate Compensated Overtime Across Timesheet Lines application.

Select this option to include this pay type in the calculation of the weighted average pay rate for employees who have worked at more than one rate of pay for the pay period. The weighted average rate is determined by adding the labor cost for all designated lines and dividing by the sum of the related hours for those lines. This rate then becomes the basis for recalculating pay types so designated (normally overtime).

Select this option to make this pay type eligible for labor cost recalculations by the Apply Weighted Average Weights to Timesheets application. Timesheet lines containing this pay type have the labor cost recalculated (by the Apply Weighted Average Weights to Timesheets application). Normally, this is an overtime pay type and is used for employees working at multiple rates of pay in the same pay period. One requirement of the Fair Labor Standards Act is that a non-exempt hourly employee working at more than one rate of pay within the same workweek must be paid at the weighted average rate earned during the week. This weighted average rate is normally used for the basis of calculating overtime amounts. Or, if agreed to by the employee in advance, the employee can be paid overtime based on the rate paid for the job actually done in the overtime hours.

Select this option to designate that any timesheet line containing this pay type must be skipped by the Apply Weighted Average Weights to Timesheets application. Select this option for benefit reimbursement pay types.