FLSA Non-Discretionary Bonus Overtime Recalculation – Oracle Solution Inquiry
Summary:
We are looking for Oracle’s solution to support FLSA non-discretionary bonus overtime (OT) calculations. As per U.S. labor regulations, when a non-discretionary bonus is paid, the applicable percentage of the bonus must be applied retroactively to the period it covers, impacting the overtime calculation.
As this is a national regulation, I would assume this would functionality that Oracle provides.
Content (please ensure you mask any confidential information):
Here is an example scenario to clarify our requirement:
- An employee receives a $1,000 sign-on bonus after 10 weeks of employment. This bonus was agreed upon at the time of hiring.
- The employee earns