Under the 'Home' tab on the left navigation bar, open the 'User Management' page.
Click the user's name to enter their profile page, and click edit on the 'HR' section. If you select the 'hourly' payment term and enter a payment rate per hour, the rate of pay will feed into the Timesheet Management Report and calculate against any logged hours on the Punch Clock.
*The 'Salary' payment term allows you to indicate their annual salary amount. The 'Commission' payment term allow you to indicate their commission pay structure, but is not required to calculate commisisons for them with the commission features.