Load Employee Hours for Overtime Calculation
There are a couple ways you can enter your employees' work hours for payroll processing.
To load the hours this way |
Here is what you need to do |
---|---|
Through Oracle Fusion Time and Labor |
Use the Load Time Card Batches task to load hours that you have tracked in Oracle Fusion Time and Labor into payroll. For further info, see Import Time Card Entries to Payroll in the Help Center. |
Manually load them through element entries |
Use the Element Entries task. Manually enter them directly on element entries, or create a batch and run the transfer batch process. |
Example of Manual Hour Entry
In this example, consider an employee who earns $10 an hour and works 80 hours regular time and 15 hours overtime. In this case, the payroll process calculates their pay like this.
Element type |
Start date |
End date |
Hours worked |
Rate (USD/hr) |
Amount calculated |
---|---|---|---|---|---|
Regular Salary |
13-JAN-2019 |
19-JAN-2019 |
40 |
10 |
$400 |
Regular Salary |
20-JAN-2019 |
26-JAN-2019 |
40 |
10 |
$400 |
Overtime |
19-JAN-2019 |
19-JAN-2019 |
10 |
10 |
$100 |
Overtime |
26-JAN-2019 |
26-JAN-2019 |
5 |
10 |
$50 |
Premium pay is the amount paid to the employee with a premium rate for the overtime hours worked. To ensure accurate overtime calculation, the number of premium overtime hours you enter must be the same as the number of standard overtime hours.
The default multiple factor for the premium amount calculation is 0.5.
Using the same example as above, the payroll process calculates the premium pay like this.
Element name |
Start date |
End date |
Hours worked |
Rate (USD/hr) |
Multiple |
Amount calculated |
---|---|---|---|---|---|---|
Premium Overtime |
19-JAN-2019 |
19-JAN-2019 |
10 |
10 |
0.5 |
$50 |
Premium Overtime |
26-JAN-2019 |
26-JAN-2019 |
5 |
10 |
0.5 |
$25 |