Optimizing Overtime Payment Policies: Fixed Rates and Wage Variances - CiteHR

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Can there be a fixed overtime rate per hour for payment of overtime? For example, a fixed OT amount of say Rs. 60/- per hour (OT doubled is Rs. 120/-) for all the employees doing OT, regardless of their respective wage rates. Can an organization adopt this as a company policy?
From India, Nuvem
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OT Should be paid @ Double Rate of the Individual Gross Salary.Gross Salary can not be uniform for all Employees.
From India, New Delhi
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