Time-driven earnings, or time-based earnings, are earnings that are based on the time and attendance records and on the pay details of employees. You can link each time-driven earning definition to its corresponding pay code or pay category so that Dayforce can identify time-driven earnings on employees ‘ earning statements and other records.
For example, the amount of vacation pay that employees receive per pay period can be based on the amount of paid vacation hours the employee takes during the pay period. You can configure a time-based earning definition to identify that earning as vacation pay on employee earning statements. You then link the earning definition to the pay code that represents vacation time in WFM.
Once you have configured the earning definition and linked it to the appropriate pay code, you’re ready to use that time-based earning definition. If an employee takes 16 hours of vacation one week, Dayforce enters 16 hours of vacation in the employee's time and attendance records in WFM and identifies the vacation time on the employee’s earning statement for that week.
To configure a time-driven earnings, you must perform two main tasks: