TimeTEQ’s industry leading pay rules engine is an extremely powerful work rule engine that is designed to eliminate the complexity of interpreting conditions and rules associated with the various state and federal awards or individual enterprise agreements. As most payroll systems don’t have pay rules engines, this component is critical to ensuring the accurate feed of approved timesheet data into payroll for accurate processing.
The User Maintained Pay Rules Engine is configured with work rules by which an employee’s shifts are also costed into components such as ordinary time, allowances, loadings etc….. Using a simple parameter based wizard driven process, awards and work rules can either be Cloned or setup from scratch.
Real Time Costing
The Pay Rules Engine is an integral part of the TimeTEQ solution providing the capability to cost both rostered and actual worked shifts in Real Time. This provides managers with the ultimate in control and visibility enabling pro-active budget constrained labour management and informed decision making.
Historical Reporting and “What If” analysis
Unique to TimeTEQ, the Pay Rules Engine stores date based revisions of awards every time that a change is made to work rules that will affect interpretation and costings into the future. This not only enables quick “What if” impact analysis reporting into the future but also ensures retrospective historical reporting is accurate without having to restore backups taken at award change dates.
On Cost Reporting
For businesses that require On Costs to be included in labour cost analysis, the Pay Rules Engine provides the option of calculations based on a total On cost percentage or a breakdown by each On Cost category such as Tax, Workers Compensation etc…. |
