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Minimum Wage Rates

Owned by Kyle Niekamp
Last updated: 06 21, 2022 by Claire Aleman

Overview:

For employer's that calculate payroll based on a unit rate payroll system, (dollars per unit rather than dollars per hour), there is typically a Minimum Wage Rate that employees must be paid regardless of the units worked. For these situations, the Minimum Wage Rates window allows you to define that baseline that employees must get paid. PENTA can then compare the employee's unit pay rate, to the Minimum Wage Rates, and if the Minimum Wage Rate is higher than their calculated unit pay, increase the employees gross pay to the Minimum Wage Rate.

Benefits:

  • Define Minimum Wage Rates for unit rate payroll calculations
  • Avoid underpaying employees and meet union and non-union pay requirements

Roles:

  • Payroll Manager

Additional Content

  • N/A

Location:

  • Payroll > Setup > Unit Rate Payroll > Minimum Wage Rates

Video:

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