Set Up Earnings for Academic Pay
- Security:Set Up: Academic Payin the Academic Faculty functional area.
- Create academic pay periods.
- Enable compensation elements for academic pay.
- Define any necessary job families and job profiles.
Creating earnings for academic pay enables Workday to calculate workers' pay for Payroll, while also recording information specific to academic workers.
- Access theCreate Earningtask.
- In theWorker Eligibilityfield on theCriteriasection, enterAcademic Pay enabled for Pay Component.You can enter additional instance value calculations to create a worker eligibility rule that controls the calculation of the earning.
- Use theCalculation Detailssection to define pay-component related calculations that retrieve the related calculations for academic pay values from Workday Compensation.Select an academic pay-instance value calculation in theCalculationfield.Select all 4 of these related calculations in theRelated Calculationfield:
- Academic Pay: Amount Accrued
- Academic Pay: Previous Result Amount Accrued Balance
- Academic Pay: Amount Earned
- Academic Pay: Amount Paid
To ensure that academic pay calculates correctly when running a retro pay calculation, select theDo Not Recalculate During Retrocheck box.For theAcademic Pay: Previous Result Amount Accrued Balancerelated calculation, Workday recommends you don't select theDo Not Store if Zerooption in theResultssection of theRelated Calculationsgrid. Selecting this option prevents Workday from carrying forward the amount accrued, which may affect the accuracy of pay calculations in subsequent pay periods. Workday recommends selectingNone of the aboveinstead. - Use theCompensation Elementsection to map the earning to academic pay enabled compensation elements.
- (Optional) In theTimesection, if the earning pays hours entered through Workday Time Tracking, use theTime Codes (Timesheets only)field to specify which hours to retrieve.
- Use theTime Calculation Tagsfield to map the earning to Payroll, identifying how to pay time.
- Select theNon-Effective Datedtab.
- Use theGroupssection to map the earning to groups.
- Use theBenefitssection to map the earning to a benefit plan.