Page Comparison

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• Daily DT Limit. Denotes the number of daily hours worked after which double time starts.
• Daily OT Limit. Denotes the number of daily hours worked after which overtime starts.
• Earning Type Pay Mappings. Specifies any additional hours-based earnings (Sick, Holiday, Vacation, ...etc.) that are to be included in the total hours calculations.
• Pay Daily DT. Denotes that DT should be paid, if the daily DT limit is reached.
• Weekly OT Limit. Denotes the number of weekly hours after which overtime starts.

OT Daily, Weekly, 6th Day, 7th Day DT All Day, Non-Consecutive Days. A rule to pay overtime (OT) on the 6th day worked in a workweek, even if that day is not consecutive. This work rule can also be configured to pay for 7th day double-time (DT). Regular time is defined as the daily OT limit or less on any given day and the weekly OT limit or less for the week. Time-and-a-half occurs when more than the daily OT limit hours are worked on any given day, when more than the weekly OT limit are worked in one week, or when employees work 6 days within a workweek. DT occurs when employees work any hours on the 7th day in a workweek.

• Daily OT Limit. Number of daily hours worked after which overtime starts.
• Weekly OT Limit. Number of weekly hours after which overtime starts
• Worked Days DT Limit. Number of days after which double-time starts.
• Worked Days OT Limit. Number of days after which overtime starts.

Weekly Banked Hours. An overtime rule that specifies how hours are banked. Banked hours are used when an Employee is hired to work a specific guaranteed weekly or monthly contract. In lieu of overtime, the hours are "banked" with the expectation that any hours worked over the contracted hours will be reimbursed to the employee, while any hours not worked by the employee will be made up at some time during their contracted employment. Many companies establish an expiration policy for banked hours. This policy establishes the length of time for which hours can be banked and used. If banked hours are not used before the expiration date, the employee must be paid according to the overtime rules your company has established.

Examples of the requirement to use up banked time within 3 months of the end of the pay period are as follows:

• Balance Earning. Denotes the Earning to which the balanced banked hours should be assigned.
• Balance Factor. Denotes the factor that is applied against the balanced banked hours rate.
• Contract Hours. Denotes the number of guaranteed weekly hours, after which hours can be banked.
• Earning Type Pay Mappings. Specifies any additional hours-based earnings (Sick, Holiday, Vacation, ...etc.) that are to be included in the total hours calculations.

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