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US PAY: Executive Order 13673 Fair Pay and Safe Workplaces
Has anyone implemented the Executive Order 13673 Fair Pay and Safe Workplaces or is oracle working on functionality to provide this new rule? We are on R12.1.3 and trying to figure out how to handle this.
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Final rule is effective October 25, 2016 https://www.dol.gov/asp/fairpayandsafeworkplaces/ and additionally there is a wage statement requirement effective January 1, 2017 that requires employers to provide a wage statement. It says an electronic version is okay, but if you are paid bi-weekly it has to be broken out by week to show each week and any overtime.
The Order further provides that the wage statement must be issued every pay period and contain the total number of hours worked in the pay period and the number of those hours that were overtime hours. Order, section 5(a). The FAR requires that if the wage statement is not provided weekly and is instead provided bi-weekly or semi-monthly (because the pay period is bi-weekly or semi-monthly), then the hours worked and overtime hours contained in the wage statement must be broken down to correspond to the period (which will almost always be weekly) for which overtime is calculated and paid.