The GET Earning Codes List by Company ID endpoint, retrieves a comprehensive list of Earning Codes from the Paylocity system with each call. Earning codes, also known as earning kinds or pay codes, are alphanumeric or numeric labels employed by organizations to classify and monitor various forms of earnings or income that employees get as part of their compensation. These codes have multiple crucial applications in payroll management, accounting, and compensation administration. Pagination can be achieved by using the "earnings" parameter and specifying the values of "limit" and "offset" to decide the quantity of records to be retrieved. The utilization of the "limit" option permits the user to restrict the quantity of rows that are retrieved from a query, whereas the "offset" option enables the omission of a designated number of rows preceding the commencement of the result set. The utilization of both the limit and offset parameters in a query allows for the skipping of rows as well as the restriction of the number of rows returned.
The API enables payroll departments to oversee earning codes linked to various forms of compensation, such as standard salary, overtime, bonuses, and incentives. This guarantees precise and effective payroll computations.
Compensation Management: HR teams can employ the API to view earning codes for diverse work titles and staff groups. This allows firms to maintain alignment with compensation policies and industry norms.
Benefits Administration involves the inclusion of earning codes that contain not just wage components but also other benefits like as health insurance, retirement contributions, and stock options. The API facilitates the monitoring and administration of these varied compensation components.
Time and Attendance Integration: By integrating with time and attendance systems, the API may automate the computation of earnings using data on hours worked, shifts, and attendance.
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