Work done in excess of normal working hours must be paid out at least 1.5 times the hourly basic rate of pay of the employee, within 14 days after the last day of the salary period.
Additionally, Talenox allows configuring overtime calculation formulas based on local labor law or organizational policies, ensuring compliance and adaptability.
To process Overtime payment in payroll, you can choose either "Overtime Days" or "Overtime Hours" option under Hourly/Daily Attendance tab:
Thereafter, key in the "No. of Hours or Days" field and we will auto-compute the total amount. Thereafter, complete the payroll processing.
While overtime payment processing under Hourly/Daily Attendance tab involves manual entry, Talenox integrates with external time attendance and scheduling tools to enable auto-tracking and seamless syncing of data.
If you want the overtime payment to be auto-synced during payroll processing, you may want to consider exploring some of the time attendance / scheduler software that we are already integrated with: Deputy
Other third-party tools or scheduling software providing advanced attendance tracking can also be integrated for greater efficiency. Reach out to us to know which ones are supported!