You can edit a paycode or convert a shift to a different paycode when working with schedules. In both cases, similar options are available. There are three basic paycode types:
- Time-based paycodes are based on a value for time (duration).
- Money-based paycodes are defined as an amount of money. This amount is not tied to time. Example: An employee receives a fixed amount of money as a bonus.
- A cascading paycode is in a dependent relationship with another paycode. It can only appear when there are inadequate accruals for the originally selected paycode.
Managers use the Edit Paycode slider in the schedule to update paycodes.