WDLT Employee Handbook

PAYROLL

Policy Scope

The Payroll Policy outlines the guidelines and procedures for the accurate and

timely processing of a bi-weekly payroll for all employees.

Policy and Policy Definitions

Bi-Weekly Payroll: Refers to the payment of wages or salaries to employees

occurring every two weeks, typically on a designated payday.

Deductions: Amounts withheld from an employee's gross pay for taxes,

benefits (e.g., health insurance premiums), retirement contributions, or other

authorized purposes.

Direct Deposit: The electronic transfer of an employee's net pay directly into

their designated bank account(s).

Overtime Pay: Compensation paid to eligible employees for hours worked in

excess of the standard workweek (typically 40 hours) at a rate higher than their

regular hourly wage, as mandated by federal and state laws.

Paycom: The designated human resources and payroll software system used for

managing employee data, timekeeping, and payroll processing.

Pay Period: A fixed, recurring interval of two weeks for which employee

earnings are calculated and paid.

Timesheet/Timecard Entry: The official record of hours worked by an

employee within a given pay period, typically entered and approved within

Paycom.

Wage Garnishment: A court-ordered or legally mandated withholding of an

employee's wages to satisfy a debt, such as child support, alimony, or tax

arrears.

Payroll System

All payroll processing, timekeeping, and employee self-service functions are

managed through the Paycom system. Employees and Managers are expected to

utilize Paycom for all relevant payroll activities.

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