Overtime / Double Time Examples
Use the overtime / double time examples for employee pay rates.
Prevailing wage=$27/OT hour and $36/DT hour, Cash fringe=$5, Health & welfare=$2
Employee A is typically paid $15/OT hour and $20/DT hour
Employee B is typically paid $30/OT hour and $40/DT hour
Employee C is typically paid $45/OT hour and $60/DT hour
Default employee pay rate (Y, N, H)? is set to N:
Employee A will be paid $27 or $36 ($18/straight-time equivalent hour) + $5 CF
[$5 -$0]
Employee B will be paid $27 or $36 ($18/straight-time equivalent hour) + $5 CF
[same]
Employee C will be paid $27 or $36 ($18/straight-time equivalent hour) + $5 CF
[same]
Default employee pay rate (Y, N, H)? is set to H and the Track prevailing wage benefits checkbox is cleared:
Employee A will be paid $27 or $36 ($18/straight-time equivalent hour) + $5 CF
[same]
Employee B will be paid $30 or $40 ($20/straight-time equivalent hour) + $5 CF
[same]
Employee C will be paid $45 or $60 ($30/straight-time equivalent hour) + $5 CF
[same]
Default employee pay rate (Y, N, H)? is set to H and the Track prevailing wage benefits is checked:
Employee A will be paid $27 or $36 ($18/straight-time equivalent hour) + $5 CF
[same calculation as above since employee rate is not higher]
Employee B will be paid $30 or $40 ($20/straight-time equivalent hour) + $3 CF
[$5 - $0 – ($20 - $18)]
Employee C will be paid $45 or $60 ($30/straight-time equivalent hour) + no CF
[zero since $5 - $0 – ($30 - $18) is negative]