Hello datc42,

Welcome to the QuickBooks Community! 

QuickBooks Online Payroll has two types of pay rates, hourly and salaried. In addition to that, you can set up 8 more additional hourly pay rates. There are also four pay schedules that you can choose from, Weekly, Every Other Week, Semi-Monthly, and Monthly. 

To learn more about it, please see these articles: Employee Payroll Schedules in Online Payroll and Add Multiple Hourly Pay Rates.

Let us know if you have any questions.