Hello Experts,
Can someone please tell me where overtime rate gets calculated
Scenario:
AS-IS
For Biweekly payroll(07/12/2015 - 07/25/2015) - there is a split in Base Salary in week 1
Week 1:
Basic pay for 07/12/2015- 07/15/2015 = 25.59/hr 34 (no of hrs worked) 34*25.59 = 870.06
Basic pay for 07/12/2015- 07/15/2015 = 28.03/hr 6 (no of hrs worked) 6*28.03 = 168.18
Total Salary = 1038.24
Overtime hours Worked = 12 hrs.
Overtime Rate Calculation : Total Salary for 1st week/ Planned Working hours = 1038.24/40 = 25.956*1.5 = 38.934/hr
can anyone please tell me where ( Total Salary for 1st week/ Planned Working hours) is getting calculated as i have to replace planned Working time with actual Working Time for OT calculation.
