Calculating Overtime
The system uses the allowances described in this table to calculate overtime:
| Type of Allowance | Calculation Formula | Elements Used |
|---|---|---|
|
Weekday Overtime |
Monthly Calculation Base / Monthly Base Hours * Quantity of Overtime * 1,50 |
Earnings HORA EX D50%, HORA EX D70%, HORA EXD100%, HORA EX N50%, HORA EX N70%, HORA EXN100% (These earnings are Unit*Rate*Percent earnings. Units are entered through positive input. Rate is defined by the formula FP FM VR HR>HE, which divides the accumulator ACUM HORAS EXT by Standard Hours. Our template uses monthly standard hours. The percent is stored directly in the earning definition.) |
|
Sunday and Holiday Overtime |
Monthly Calculation Base / Monthly Base Hours * Quantity of Overtime * 2,00 |
|