Overtime Pay

You define the value of the variables for overtime premium amounts and overtime premium ratios. The system calculates the employee's overtime base unit, and then calculates overtime pay according to the amount of overtime that you enter for the employee.

The system provides variables for the following overtime premium ratios:

• Regular.

• Holiday.

• Late night.

• Holiday late night.

Note:

Japanese labor law specifies that the number of work hours per day be equal to or less than eight. Employees who work more than eight hours on any day are paid overtime. The premium for overtime must be at least 25%. In cases where employees work more than the scheduled number of hours, but less than the legal hours, the company may decide whether to pay overtime with a premium or not. Overtime pay without a premium is not supported by the PeopleSoft application.