The most common usage of affect is as a verb, meaning to impact. Effect is usually a noun, meaning the result or consequence of something. However, both affect and effect have alternate meanings when used as different parts of speech.
1 Select Employee Center. 2  Double-click on the employee's name. 3  Select the Payroll Info tab. 4  Under the Earnings box in the item name columns, click in a blank area. 5  From the drop-down arrow, select your Salary Item and then enter the employees annual salary.elect Custom Setup and click Next. Select Wage, and click Next. Select Annual Salary, and click Next. Select the type of pay. Vacation Pay and Sick Pay are each specific options. All other types of pay should be entered as Regular Pay. Click Next. Enter a name for the salary item that easily identifies it.
So, if the employee's regular rate falls below $7.25 per hour, you will have to adjust the employee's pay upward so that the regular rate is at least $7.25 per hour, and you will have to pay the employee time and a half based on the minimum wage rate of $7.25 (in other words, at least $10.88 per overtime hour).nce you've done that, if your employees are paid by the hour, you know how much to pay: the employee's hourly rate multiplied by the number of hours up to 40, plus one and one-half times the hourly rate for the number of hours over 40.