Payroll Changes are used to represent all inputs to payroll calculations, including regular compensation,
salary increases or decreases, changes in bonuses, alterations to vacation or sick time, or changes to health insurance
or retirement plans. Changes may also include modifications to payroll deductions, such as taxes or 401K contributions.Note that each worker’s payroll starts from a blank slate, so their initial compensation is also represetned as a Payroll Change,
not any subsequent modifications to it.When computing payroll items for any given pay period, Plane will take into account all payroll changes that are effective in that period.
Here are a few examples of what would result in a payroll change being created in Plane:
Compensation is set for the first timeThis can result in two Payroll Change entries if proration is needed to adjust the amount for the first pay period.
Compensation is changed after worker’s first payrollThis can result in two Payroll Change entries if proration is needed to adjust the amount if the change happens mid-period.
The frequency of this payroll change, aligned with the worker’s pay period.
One of once, monthly, twice_monthly, weekly, biweekly,
twice_annual or annual.
Reference to the source of this payroll change. For example, a salary change will reference
the Worker Compensation object that resulted in this payroll change.