Pay out overtime compensation

Modified on Wed, 28 Apr, 2021 at 8:17 PM

Creating a variable pay type field 

Before paying out overtime, you need to set up a Variable pay type field.  

Please follow the next steps: 

  • Go to Settings > Employee fields > Compensation > Variable pay types
  • Click Add variable pay type button
  • Enter the desired name and click Save

Paying out overtime 

Please follow the next steps: 

  • Under People > Select an employee > Attendance, click on the Actions button
  • Click on Pay out overtime under Overtime Actions
  • Once you fill in the fields, click Save

Following are the fields that need to be filled: 

  • Select amount of hours to be paid (required): Enter the amount of hours that you would like to pay out from the overtime balance. Once you fill this field, the balance will be displayed on the screen.
  • Current gross salary per hour (required): This will be automatically populated by the system but you can also enter a different value depending on the scenario 
  • Select the variable payment type (required): Choose a variable payment type from the drop-down

  • Select the variable payment date (required): Pick a date to define when the pay out should happen

  • Comments (Optional): Add any comments for reference

Note: Bulk actions can't be performed in paying out overtime compensation. 

To know how to convert overtime to time off for your employees, please refer to the article Converting overtime to time off

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