Thursday, March 14, 2013
Overtime Rate for Worked Holidays
Some businesses pay a premium rate when employees work on a company designated holiday. Since the increased wage is handled by your payroll system, you just need to know how many hours to pay for the worked holiday. It's easy to set up your employee time clock software to keep track of that for you.
First, you'll want to set up a new activity. Turn administration on and choose Activities from the Configure menu. Add a new activity with a name like 'Worked Holiday' and save. Now when employees work on a recognized business holiday, they'll choose 'Worked Holiday' when starting work.
When you print employee timecards, you'll see the 'Worked Holiday' hours subtotaled separately so you know how many hours to pay at the premium rate.
Technical Support Team
Redcort Software, Inc.