Configuring a Premium Pay Rate
- In Reporting and Analytics, click the side navigation menu, click Labor Management, click Payroll Preprocessing, click Admin, and then click Premium Pay Rules.
- Click Add, or select a rule and click Edit.
- To include the premium pay in all labor cost calculations
and reports, select Include in Labor Cost.If you do not select this option, premium pay only shows on payroll reports.
- To assign the premium pay to minors, select Include Minor.
- To include the premium pay in all average rate calculations, select Add To Average Rate.
- Enter a Priority for the premium pay.
- Select whether to enable the premium pay type based on Day of Week, a single Calendar Day, or a Calendar Day Range.
You can then select details based on the effective date type.
- Select the date on which the rule becomes effective from
the Effective From date editor.Use the Effective To date editor to select a day in which the rule becomes inactive.
- Select the Minimum Duration Threshold and Maximum Duration Threshold for assigning the premium pay type.
- To configure an amount-based rate:
- Click the Type tab, and then select Amount.
- Select the Start Time and the End Time for the premium pay rule to be active.
- To make overtime rates eligible for the premium pay, select Rate Affected by Overtime.
- To configure a flat amount, select Flat Amount, and then enter the amount.
- To configure a percentage, select Percentage of, enter a percentage integer, and then select the base rate from which to calculate the percentage.
- To configure an hours-based rate:
- Click the Type tab, and then select Hours.
- Select the Start Time and the End Time for the premium pay rule to be active.
- In the Additional Hours field, enter the number of hours worth of premium rate to add.
- To include the premium pay in calculating overtime wages for labor costs and reports, select Include additional hours in overtime calculations.
- Select the pay rate for additional hours. If you select Flat Amount, enter the amount per hour.
- To configure a split-shift rate:
- Click the Type tab, and then select Split Shift.
- Enter the minimum and maximum hours between shifts for an employee to be eligible for compensation.
- Select the Start Time and the End Time for the premium pay rule to be active.
- In the Additional Hours field, enter the number of hours worth of premium rate to add.
- To include the premium pay in calculating overtime wages for labor costs and reports, select Include additional hours in overtime calculations.
- Select the pay rate for additional hours. If you select Flat Amount, enter the amount per hour.
- Click Save.