Compensation Method Glossary

Compensation Method Glossary

The glossary below helps identify the variables noted in Setup Compensation Methods.  Click Here for examples of common Compensation Methods. 

Actions

Start With - The default first Step 1 or if you would like to identify a new calculation within a compensation method. 
Add - Add the last value to the current step. 
Subtract - Subtract the current step from the last value.
Multiply By - Multiply the last step by the current step value.
Divide By - Divide the current step by the last step value. 
If Less Than - If the last step is less than the current step.
If More Than - If the last step is more than the current step. 

Value

Hourly Wage - The Hourly Wage is set in Setup > Setup Workers > Worker Details > Other > Hourly Wage field. 
Salary - The Hourly Wage is set in Setup > Setup Workers > Worker Details > Other > Salary field.  
# of Hours Worked - The total number of hours worked as logged in the Time Clock for the date range selected in Process Compensation.  
# of Days Worked - The total number of days worked as logged in the Time Clock for the date range selected in Process Compensation. 
# of Services Performed - The total number of services completed for the date range selected in Process Compensation.  Use the secondary drop down to filter a specific service or visit type to calculate for.  
# of Products Sold -  The total number of products sold for the date range selected in Process Compensation. Use the secondary drop down to filter a specific product line to calculate for.
# of Classes Performed - The total number of classes completed for the date range selected in Process Compensation. 
# of Service Tickets - The total number of tickets with a service completed for the date range selected in Process Compensation. 
Service Sales - Paid Price - The total in service sales for the date range selected using the price paid by the client after promotions, rewards, service packages, etc. are applied. Use the secondary drop down to filter a specific service or visit type to calculate for.  
Service Sales - Set Price - The total in service sales  for the date range selected using the full price as assigned in Setup Worker Details or manually adjusted price at checkout, and ignore any promotions, rewards or service packages applied. Use the secondary drop down to filter a specific service or visit type to calculate for.  
Retail Sales - Paid Price - The total in product sales for the date range selected using the price paid by the client after promotions, or rewards are applied. Use the secondary drop down to filter a specific service or visit type to calculate for.  
Retail Sales - Set Price - The total in service sales  for the date range selected using the full price as assigned in Setup Products or manually adjusted price at checkout. This calculation will ignore any promotions or reward discounts applied. Use the secondary drop down to filter a specific service or visit type to calculate for.  
Class Sales - The total amount in class sales completed for the date range selected in Process Compensation.
Cost of Service Fee - The total amount of service fees associated with the services completed for the date range selected in Process Compensation.
Number - Enter any number in the subsequent value field.
Percent -  Enter a number that will be converted to a percent in the value field.  Example: entering 10 will be 10% or .10 in reporting. 
Result of Step - Enter a step number in the subsequent value field.  Ideal for adding together multiple calculations. 
Scales - The scales created in Setup > Setup Workers > Setup Compensation Scales will be listed here.  

Additional Details Regarding Process Compensation:
  1. Refunds will be consider if the "Deduct from Worker" checkbox is selected on Service or Product refunds.
  2. Guest Charges will be auto-deducted from the Service Sales. Service Fees are not auto deducted, to deduct Service Fees add a step to Subtract the Cost of Service Fees. 
  3. Taxes and Variable Ticket Fees are not included in any sales within Process Compensation. 

Update Sample Calculation

Click the Update Sample Calculation button to preview your payroll method and confirm the results are correct. 


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