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- Payroll Singapore
- Basic setup
Payroll items - Overtime
In general, follow these steps to calculate the amount of overtime pay owed to an employee:
- Determine whether the individual is eligible for overtime. The person might not qualify as an employee, or may instead be paid on a salaried basis, in which case overtime rules do not apply.
- Determine the hourly rate of pay, which is the total amount paid in the period divided by the number of hours worked.
There may be situations where an employee is paid different rates at different times during the work period. Here are some scenarios that we have created by default:
However, in the scenario, you have your situation you can Add New Overtime items.
Example by hourly:
Working hours: Monday to Friday 8.00 AM - 5.00 PM which is 9 hours/day
OT on weekday (Normal Day) = (salary/26 days/8 hours) x 1.5 x OT hours
Example by hourly:
Working hours: Monday to Friday 8.00 AM - 5.00 PM which is 9 hours/day
OT on weekday (Normal Day) = (salary/26 days/8 hours) x 1.5 x OT hours
OT on Saturday (Rest Day) = (salary/26 days/8 hours) x 1.5 x OT hours
OT on Sunday/ Public holiday = (salary/26 days/8 hours) x 2 x OT hours