You initiate the earnings types and non-payroll payments you need in accordance with your own compensation policies, by entering information about them in the Earnings window.

In response to your entries in this window, Oracle Payroll generates an element for the earnings or payment, with the necessary input values and balance feeds, and a formula with the necessary formula result rules.

The following earnings types are predefined in Oracle Payroll:

• Regular Salary and Regular Wages

  These types produces regular pay for salaried and hourly paid employees respectively.

• Vacation Bank Payout

  This type pays out the vacation pay owing based on the applicable percentage of earnings for the employee.

Recording Hours Worked and Non-Worked Hours

You can record hours worked, override rates, or shifts from timecards, using the predefined Time Entry Wages element. Entries to this element override the values on the Regular Wages element.

Oracle Payroll uses the predefined Regular Hours Worked element to record the hours worked for reports such as the statement of earnings. You can create a regular non worked hours element (such as jury duty) to record time spent on non-work activities. The system automatically reduces regular hours worked and regular wages so that the correct information is displayed on the statement of earnings.

Recording Earnings By Hourly Rate

Wages, overtime pay, and shift pay are typically calculated by multiplying an hourly rate by number of hours worked. Oracle Payroll captures this information for each rate that applies during the payroll period. So if an assignment has element entries paid at different rates during a period, you can display the earnings at each rate on the statement of earnings, online payslip, cheque writer, and deposit advice.

This information is automatically available for predefined earnings types: regular wages, and time entry wages. It is also available for any earnings type you initiate with the calculation rule Hours x Rate, or Hours x Rate x Multiple.

Net-to-Gross Processing

You can define earnings types of a fixed net amount and Oracle Payroll will calculate the additional amount you need to pay to cover taxes and other deductions.

Deleting Elements

If you need to delete elements you created with the Earnings template, do not use the Element window. Query the element from within the Earnings template and delete it from there.

See: Deleting an Element