Get Started with Redwood for Oracle Cloud HCM Begin Now
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Overtime Calculation value - Overtime straight and Overtime premium factors
Summary:
Oracle experts,
Currently we have in our calculation values - Overtime straight and Overtime premium.
Overtime straight is a factor of 1.0 and the premium is a factor of 0.5
Is there a specific reason that the setup was delivered this way? Our legal and business teams are asking the question as to why the OT is not calculated as a 1.5 factor and instead is being split into 2 lines: 1 for OT straight and 1 for OT premium.
Also - What are the risks/concerns that might be overlooked if we were to change the factor for Overtime straight to a 1.5 and not use the premium at all?
1