When a new employee is set up they already have hours/wages associated with them and no checks have been created and no Templates have been set up.

In version 3.9 thru 4.0.x, open the Employee setup screen. Hold down the F8 key and click on Template. Keeping the F8 key held down, click back onto the Employee radio button. Then let go of the F8 key and close the window. This will fix the Template problem.