The OT Rates page allow you to specify whether OT field should be enabled and if yes, what are the OT rates like.
To set up the OT page, follow these steps:
Step 1: Click on
Step 2: Select
Step 3: Click on
Step 4: Click on
Step 5: At the OT Hourly Rate, indicate the OT Hour Rate formula you wish to use. Check with MOM of the formula that your company should comply with.
Step 6: Check this if your company is paying OT. Without enabling this, you will not have the fields required to put in the OT hours.
Step 7: Enable this option if you have part-timers that work on an hourly rate basis.
Step 9: Change the formula for 'Actual Hour Rate' to BasicPay (which is the hourly rate paid to the staff indicated in the Basic Pay field).
Step 8: Select this option if you would like to restrict overtime hours under the 'OT_2 rate' earned to 72 hours. Any overtime earned over 72 hours will be credited to the chosen pay element.
For example, in the screenshot below, any additional hours earned that are more than 72 hours, will be credited as an "Overtime Allowance" pay element instead.
After the attendance data is transferred to payroll module, you will need to update it by navigating to: Payroll Module → Administration → Process OT tab → Process OT sub-tab.
Step 10: Ensure that the rate for the Actual Hr is changed to 1 instead of 0. The 1 is the multiplier in this case. So if the staff worked 100 hours, the system will calculate 100 hours x $10 an hour x 1 = $1000
Step 11: Indicates the rate for the OT. Note that the rate here is in compliance with MOM for non-workman staff that are earning less than SGD$2600.
Step 12: If this option is checked, you cannot change the rate. This is because the system will follow MOM calculations.
Step 13: Click on to save