
Pay Code:Unique identifier used to define how overtime compensation is calculated—either as a multiplier of hourly rate or a fixed amount per hour.
Overtime Calculation
Two types are supported:
Overtime Policy:Defines rules for overtime, such as which pay code applies and whether it’s allowed for weekends, holidays, or night shifts.
Employee Overtime Policy Assignment:Associates employees with specific overtime policies based on their roles or schedules.
Employee Hourly Rate:Base hourly wage used to calculate overtime when a multiplier-based policy is applied.
Example
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A pay code is a special label used to manage overtime pay and set the rates for an employee’s extra hours.
Example
| Pay Code | Pay Code Name | Overtime Calculation Type | Rate / Amount | Description | Action |
| OT-150 | Standard Overtime | 1.5x Hourly Rate | 1.5 | Paid 1.5 times hourly pay per overtime hour | [Edit] [Delete] |
| OT-FIX | Fixed Rate OT | Fixed Amount | ₹300 per hour | Fixed ₹300 per hour of OT | [Edit] [Delete] |
| Field | Input Example / Placeholder |
| Pay Code * | OT-200 |
| Pay Code Name * | Weekend Overtime |
| Overtime Calculation | 1.5 (e.g., 1.5 times hourly pay) or Fixed Amount (₹/hour) |
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Example
| Name | Pay Code | Allows (Weekend/Holiday/Night OT) | Action |
| Regular OT Policy | OT-150 | Weekend OT | [Edit] [Delete] |
| Fixed Rate Policy | OT-FIX | Holiday OT | [Edit] [Delete] |
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Example
| Employee Name | Assigned Overtime Policy | Action |
| Aditi Sharma | Regular OT Policy | [Edit] [Remove] |
| Rahul Verma | Fixed Rate Policy | [Edit] [Remove] |
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Example
| Employee Name | Hourly Rate (₹) | Action |
| Aditi Sharma | ₹400.00 | [Edit] [Delete] |
| Rahul Verma | ₹350.00 | [Edit] [Delete] |