Final answer:
A pay raise can affect an employee's earnings record by changing their pay category, resulting in higher earnings, and potentially leading to more withholdings for taxes.
Step-by-step explanation:
A pay raise mostly likely affects an employee's earnings record in several ways. Firstly, their pay category may change, which means they move to a higher salary bracket. This results in an increase in their overall earnings. Secondly, a pay raise may lead to more withholdings for taxes being taken from their paycheck. This is because their higher income may push them into a higher tax bracket. Lastly, a pay raise does not directly affect their insurance contribution or pay schedule.
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