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When an employee works overtime on a project, Oracle Projects processes the overtime hours according to the employee's compensation rule. For example, if an employee's compensation rule is Hourly, the employee is eligible for overtime pay; if the employee's compensation rule is Exempt, the employee is not eligible for overtime pay.
You can also use compensation rules in your AutoAccounting rules.
Note: You must define the compensation rules listed in the Fremont example below to use the example Overtime Calculation program provided by Oracle Projects.
Note: If you want to assign a labor cost multiplier to a project's task, you must enter a Project Number and a Task Number in the Defaults for Overtime Entry region.
Entering Pre-Approved Expenditure Batches
| Fremont Corporation uses the Oracle Projects Overtime Calculation program to automatically calculate overtime instead of calculating it manually. The following information defines only part of Fremont's compensation rules definition. | |
| Compensation Rule | |
| Name | Exempt |
| Overtime | |
| Overtime Expenditure Type | Overtime |
| Compensation Rule | |
| Name | Hourly |
| Overtime | |
| Overtime Expenditure Type | Overtime |
| Compensation Rule | |
| Name | Compensated |
| Overtime | |
| Overtime Expenditure Type | Overtime |
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