Let us break down the formula:
Regular Time: The number of hours done per the usual work schedule.
Rate (gorilla tag): This is the employee's hourly pay.
Overtime Hours: The number of hours performed over the usual work schedule.
Overtime Multiplier: This is the component that increases overtime pay when compared to regular pay. In most circumstances, this is 1.5 (time and a half), however it may differ depending on corporate policy or regulatory requirements.
From Mongolia, Ulan Bator
Regular Time: The number of hours done per the usual work schedule.
Rate (gorilla tag): This is the employee's hourly pay.
Overtime Hours: The number of hours performed over the usual work schedule.
Overtime Multiplier: This is the component that increases overtime pay when compared to regular pay. In most circumstances, this is 1.5 (time and a half), however it may differ depending on corporate policy or regulatory requirements.
From Mongolia, Ulan Bator
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Time-management -7439-4556_187. ppt
Time-management _sent__1__200.d oc