Weekly Accumulative Overtime Configurations (Overtime only after)
Introduction
FingerTec’s Ingress & TCMS V3 software is able to calculate overtime under different settings and circumstances customized by the user. Generally, Ingress & TCMS V3 will treat extra working time as overtime or OT when it exceeds a predefined value that is set by the user. Users can choose to accumulate the extra time either by week or by month.
Benefit
Some countries may have a special overtime that need to be taken into consideration where the company will only calculate overtime when it exceeds a predefined value and will pay employees biweekly, semimonthly or monthly. You can have a look at the overtime only after configuration offered by our Fingertec software and configure it based on your company pre-requisite setting.
Process
Read more for a few configuration examples that can be used according to a business organization's requirements.
Available Options: Weekly, Bi-Weekly, Semi-Monthly or Monthly
Check on Daily Totals, Auto Calculate OT and 7th Day OT if the rule applies.
For example, if a predefined working hours in a week is set at 40 hours and an employee works a total of 45 hours for that particular week, 5 hours will be considered as OT for the employee. If the total working hours does not exceed 40 hours, however, Ingress & TCMS V3 will treat it as normal working time.
Below are examples of configurations that can be used and its necessary steps needed.
Example 1
If you enable Daily Totals, you will instead get the below results:
Step 1
Create the clocking schedule. E.g.: IN - 0800 / OUT - 1700
Step 2
Create the group duty roster and set Overtime Only After to 45.00 hours
per weekly and select the Daily Totals option.
Example 2
If you enable Auto Calculate OT, you will instead get the below results:
Example 3
Customized for our clients in USA, Ingress & TCMS V3 also have the 7th Day OT option. This is because of a ruling by the Californian State Government, whereby an employee is entitled to overtime whenever the employee has worked more (a) than 8 hours in a day, or (b) 40 hours in a week, or (c) when the employee has worked for 7 consecutive days (in which the whole of the 7th day is considered as overtime).
In this case, the user needs to set up overtime after 8 hours in a flexi schedule, and in the roster, overtime after 40 hours per week and 7th Day OT. Thus, the overtime will be calculated if the user works more than 40 hours in a week or has worked 7 consecutive days (even if less than 40 hours total).
Step 1
Create the flexi schedule.
Step 2
Configure Overtime if total flexi-work hour exceeds workhour of to 8.00.
Step 3
After enabling 7th Day OT with Auto Calculate OT, you will get the below results:
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