ETL9.x: Does the Delivered Overtime Rule Templates Accommodate Average Hourly Rate Calculations?
(Doc ID 2033946.1)
Last updated on SEPTEMBER 29, 2022
Applies to:PeopleSoft Enterprise HCM Time and Labor - Version 9.2 to 9.2 [Release 9]
PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
Qn1:We have a scenario to calculate blended rate for an employee working in special projects.
1) Employee is requested to enter override rate when reporting hours against TRC "Special Projects - PRJ"
2) For overtime calculation, I need to first get the average of employee's regular rate and override rate.
Example, Regular Pay of employee is $20 per hour. This employee works in special project entering the override rate of 18. Can the system calculate average of these two rates?
3) I need to use this average rate for overtime calculation
Is this possible by using delivered feature?
Qn2:If you have any documentation on FLSA, can you please forward me?
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