Overtime Premium Amount Subtask

Use this subtask to view the FLSA overtime premium amounts for each employee.

The information in this subtask is populated automatically by the Recompute Taxable Wages process and is read-only in this view. This allows payroll administrators to audit and verify the data before W-2 creation, ensuring compliance with OBBBA and IRS requirements.

Contents

Field	Description
Timesheet Type	This field displays the timesheet type from the associated timesheet.
Timesheet Date	This field displays the timesheet date from the associated timesheet.
Overtime Pay Type	This field displays the overtime Pay Type for the timesheet line data.
Overtime Hours	This field displays the overtime hours for the timesheet.
Overtime Hourly Rate/Weighted Average Rate	This field displays the employee's overtime hourly rate or weighted average rate. This rate will be used to calculate the overtime premium amount.
Pay Type Factor	This field displays the Pay Type Factor for the timesheet line data.
Hourly Base Rate	This field displays the regular hourly rate based on the Overtime Rate/Weighted Average rate divided by the Pay Type Factor.
Overtime Premium Rate	This field displays the overtime premium rate. It is a calculated field that is equal to half of the employee's hourly rate.