Payroll

 

The PrISM system has a fully integrated payroll system.  This section will allow you to define payroll parameters specific to your practices and local/state laws.  This section is divided into four parts:

 

 

Rates

 

Level 1 Overtime Rate

This is the multiplier used for factoring an employee's pay rate when overtime level one hours are reached, whether it is on a daily, weekly, biweekly, or period basis.  This is typically 1.5 - time and a half - but may vary according to your state laws.

 

Level 2 Overtime Rate

This is the multiplier used for factoring an employee's pay rate when overtime level one hours are reached, whether it is on a daily, weekly, biweekly, or period basis.  This is typically 2.0 - double time - but may vary according to your state laws.

 

Labor Goal

 

Labor Percentage Goal

This field is used to calculate the Labor Gap on the Weekly Sales Recap report.

 

Pay Rate Display

 

Show employee's payrate on time clock

Enabling this option will display the employee's payrate on the Clock In/Out screen.

 

Show employee's payrate on daily paperwork

Enabling this option will display the employee's payrate on the daily paperwork.

 

 

Daily

 

Hours Before OT Level 1 (or 2) Applies

If state laws require that you pay employees overtime wages based on the amount of hours worked in a day, either Level 1 or Level 2, enter that hourly amount in this field.  If you do not pay overtime on a daily basis, leave these fields blank.

 

Weekly

 

Week Starts On

Choose the day of the week that your pay period begins.

 

Hours Before OT Level 1 (or 2) Applies

If state laws require that you pay employees overtime wages based on the amount of hours worked in a week, either Level 1 or Level 2, enter that hourly amount in this field.  If you do not pay overtime, leave this field blank.

 

 

Period

 

Payroll Period

Choose the cycle of your pay period - either Weekly, Biweekly or Bimonthly. Bimonthly would be defined as being paid twice each month, but not necessarily on a biweekly basis.  Typically, pay cycles that run from the 1st to the 15th of the month and from the 16th to the end of the month are considered Bimonthly cycles.

 

Hours Before OT Level 1 (or 2) Applies

If state laws require that you pay employees overtime wages based on the amount of hours worked in a period, either Level 1 or Level 2, enter that hourly amount in this field.  If you do not pay overtime, leave this field blank.