Calculations for Salaried Employees with Unspecified Salaried Hours
For salaried employees for whom the salaried hours option is Unspecified Salaried Hours, the system calculates alternative overtime as follows:
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Calculates the alternative rate as (regular period pay + overtime pay at contractual + total other FLSA eligible earnings) / total FLSA eligible hours.
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Calculates the overtime premium by multiplying the job hourly rate by the multiplication factor on the Earnings table.
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Adds the calculated overtime premium to the overtime straight time amount to derive the total overtime amount.