What is the Gross Earnings file?
The Gross Earnings file provides employees’ reported (approved or unapproved) earnings information, broken down by shift or workday. DailyPay uses the information received within the Gross Earnings file to calculate an up-to-date available balance for each employee.
DailyPay will not make 100% of the reported gross earnings available to the employee to withdraw. We make a percentage of it available to account for normal payday deductions, like healthcare, taxes and other potential garnishments. We call this percentage the “advance rate,” and it is constantly adjusting based on an employee’s earnings history.
As for Gross Earnings reporting, we recommend including a rolling 30-day window (today plus the most recent 29 days) of earnings information so that both current and past — but not yet paid — pay periods can be included.