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:

5 working days example:
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

Customise Overtime items

However, if the default overtime items are not suitable to your company's needs, you may customise them accordingly.