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How to setup FLSA Overtime Premium - Multiple varies from .5 to .75 based on the employee's earnings

in Payroll and Global Payroll Interface (GPI) 1 comment

Client has agreement with Union employees to pay FLSA Overtime Premium at .75 multiple and not the usual .5. But when augment earnings are paid out to employees then below logic should be implemented.

If (Normal Salary Rate * 0.75) is greater than (Blended Rate * 0.5) then employee will get Overtime Premium paid at the rate of "Normal Salary Rate * 0.75" else he/she will get paid at the rate of "Blended Rate * 0.5" as expected for the overtime hours.

We want to know the recommended approach to implement this requirement. Does Oracle have provision to achieve this requirement as out of box(Peoplesoft has this feature out of box) or with minimalistic changes to setup.

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