thread Re: How to create profile for salary/non-hourly workers? in Archived Discussions (Read Only)

Can I pay my salaried employees through Square?

cpachonroldan — Wed, 21 Dec 2016 19:00:37 GMT

I am new to square and I am setting up my new account. I am the only employee for my company and I pay myself a salary. When I got to the "Add employee" section, it only allows me to set an hourly rate. How do I change to salary?

Re: How to create profile for salary/non-hourly workers?

Sean — Sun, 28 Jul 2019 00:39:42 GMT

You can pay salaried employees by calculating your employee’s (or yours in this case) hourly rate through an hourly rate calculator. Based on a typical 2080 hour work year, salaried employees work 40 hours per week, 80 hours every two weeks, and 86.67 hours per semi-monthly pay period (half-month).

Re: How to create profile for salary/non-hourly workers?

Sean — Wed, 21 Dec 2016 18:59:15 GMT

@cpachonroldan - Happy to share an update! We just recently launched the ability to add salary employees, as opposed to having to use the workaround I previously mentioned. Check out this product update for step-by-by directions. 🙂

Salary paid employee

CFN — Thu, 16 Jul 2020 03:52:23 GMT

How do I enter a Salary paid employee's wages when hourly is the only option when you run payroll?

Re: Salary paid employee

ashc — Fri, 17 Jul 2020 13:08:19 GMT

Hey @CFN,

I moved your post to an existing thread where this question has been answered already within the Community.

Check out the links/answers above.

You can also always contact our Payroll team if you need extra assistance!

Re: How to create profile for salary/non-hourly workers?

ReeseG — Mon, 04 Jan 2021 00:10:44 GMT

Hi, I followed that link and set things up but it is still paying my employee by the hour. I want them to get paid the same amount regardless of how many hours they work. To me, that's what it means to be salaried, and your system defeats the whole point.

Re: How to create profile for salary/non-hourly workers?

Valentina — Tue, 05 Jan 2021 00:12:49 GMT

To pay salaried employees, you must provide the annual salary and average weekly hours, @ReeseG. Salaried employees will have their pay automatically calculated each pay period. If you are running into any trouble when trying to set this up, please get in touch with us directly so that our Payroll team can give you a hand.

LABOR COST SKEWED BC OF SALARIED EMPLOYEE

ajs420 — Sun, 09 May 2021 16:27:58 GMT

I have my assistant manager set as a Salaried Employee. When I run a labor cost report, it is showing her wages (when worked over 40) as an hourly rate. How do I fix this? It is skewing my labor cost report.

Re: LABOR COST SKEWED BC OF SALARIED EMPLOYEE

Valentina — Thu, 13 May 2021 21:45:12 GMT

When using Square Payroll, salary employees will always be converted to an hourly rate.

You would need to manually adjust your reports to account for this, @ajs420.

For additional context:

The annual salary you enter is automatically translated into an hourly rate based off of the total amount of hours worked in a given week. Full-time biweekly salaried employees are generally paid 80 hours each payday, while semimonthly employees receive 86.67 hours. Specifically, full-time salaried employees are compensated for 2,080 work hours yearly.

As an employer, to arrive at the hours for a biweekly employee, divide 2,080 by 26 pay periods.

To arrive at the hours for a semi-monthly employee, divide 2,080 by 24 pay periods.