Steps Overtime timecard element rate
we have a multiple timecard element with various factor OT 1.5/2.0/2.5 etc. during timecard element creation steps i only selected default rate. All OT's are paid at different rate. Can you please let me know if we need to define a rate definition and attach it to already available elements to have payroll calculated with right rate?
OT 1.5 = Hourly Rate* 1.5
OT 2.0 = Hourly Rate* 2.0
OT 2.5 = Hourly Rate* 2.5
Hourly rate for salaried employee = (Salary Value / 173.36)
And we have population of both Hourly type and Salaried. Any input will be helpful