Every Note Counts
This earnings type is used for the regular hours worked times the regular rate of pay.
What are regular earnings?
This is the only person permitted to edit the hours worked on a timecard.
Who is the employee?
An employee approves their timecard to confirm this.
What is accuracy?
The annual statement of all earnings and certain, tax deductible deductions.
What is a W-2?
This is the act that established a basic hourly rate and fringe benefits to be paid to workers in a specific geographic area for similar types of work.
What is the Davis-Bacon Act?
This is the sum of all monies earned on a paystub - regular, overtime, doubletime, holidays, and PTO pay.
What is gross pay?
This person is responsible for applying a final approval on timecards.
Who are Office Managers?
Employees are encouraged to do this with errors on their timecard.
What is correct errors themself?
The form used for determining federal tax withholdings.
What is a W-4?
These must be submitted weekly to the contracting agency, listing hourly rates, classifications, and daily hours for each worker.
What is a WH-347?
This is the most common and efficient method for receiving a paycheck.
What is direct deposit?
These can be requested through WMF and are not editable on the timecard.
What are PTO/time off requests?
This habit improves accuracy, and it helps you by ensuring timesheets are completed by the deadline.
What is daily time entry?
The document required to withhold additional funds from an employee’s paychecks for items such as personal use of company card.
What is a Payroll Deduction Form?
Under the Davis Bacon Act, this term is defined as the base hourly rate plus fringe benefits.
What is prevailing wage?
The Federal Insurance Contribution Act is commonly referred to as this.
What is FICA?
This error happens when projects are entered without first entering the hours worked on a timecard.
What is orphaned overallocated activity hours?
The only type of time permitted to be entered by Office Managers.
What is unpaid time?
The two elements of a W-4 that determine how much in federal taxes are withheld from a paycheck.
What are filing (or marital) status and allowances?
As this goes up, an employee’s cash rate paid goes down
What are employer paid benefit costs?
This payroll tax has annual maximum cap.
What is Social Security Tax?
This is the time Payroll closes for further timecard changes each week.
Every instance of this pay code requires a note with the job number or explanation.
What is per diem?
Legally ordered Federal tax withholding that cannot be altered by the employee.
What is a lock-in letter?
This is the minimum contract value for construction projects covered under the Davis-Bacon Act.
What is $2,000?