Use these steps to set up overtime pay for employees.
To set up overtime pay for employees:
-
Create or find the Compensation Type you want to use.
-
Enter a name for overtime type.
For example, if you want to use a simple flat rate pay type, enter “Overtime Flat Rate.” If the overtime is based on weekends, enter “Overtime for Weekends.”
-
In the
Based on Job Entries
field, select
Time Sheet.
-
In the
Based on Overtime Spec.
field, select
Paid Overtime.
-
In the
Payout Days field, select the appropriate type of payout days you want to use with this overtime type.
-
If the
Payout Days type is
Weekend Days, select the appropriate
Based on Week Day
option.
-
Enter the amount of hours needed for the
Threshold, Working Hours
and Limit, Working Hours
fields.
-
Select
Allow Joint Agreements if you want multiple agreements to be applicable for the employee.
-
Complete remaining fields as needed.
-
Click
Save.