3-20
Time Guardian Series
–
Setup Wizard
Daily Overtime is the time an employee works that extends beyond a certain level of time set
by the company’s policies. Daily overtime is based on hours worked and is a way of
rewarding the employee for working more hours than a set hour value in one day. The hours
that exceed the set hour value are normally paid at a higher wage or rate.
Up to (2) levels of Daily Overtime can be used. Each level can be assigned its own
threshold limit that move the hours from one Pay Code to another. The following table
shows an example.
5. Select the
Weekly overtime after
and enter the hours to award overtime after the assigned
number of hours have been worked in a week.
Weekly Overtime rewards employee’s overtime hours for working more hours than a set
hour value for that particular week or pay period. The hours that exceed the set hour value
are normally paid at a higher wage than regular (REG) Pay Code hours. Weekly Overtime is
set in the Weekly Overtime window, which is accessed by selecting the Weekly Overtime
within the Setup Wizard Pay Class step.
Up to (2) levels of Weekly Overtime can be used. Each level can be assigned its own
threshold limit that move the hours from one Pay Code to another. See the following table
for an example.
6. Select the Reset Options for
Weekly overtime after
for;
Specific Day of Week
by selecting
the day of the week from the dropdown, select
Pay Period Day of Week Start
to auto reset
on every week on the pay period start day, or select
Pay Period
to auto reset every pay on
start date.
7. Select if
Worked on Holiday is considered as overtime
, else any holiday dates will not be
counted towards overtime based on the other overtime rules.
Summary of Contents for Time Guardian Series
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Page 295: ...Time Guardian Series Advanced Labor Rate Module 15 17 Example Showing...
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