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Should Overtime be Calculated on TCOE or Basic Salary
[Question]
Should Overtime be Calculated on TCOE or Basic Salary
Hi
I am a payroll administrator for payroll bearue , and we have had a few clients question the above. Whether Overtime should be calculated on the Total Cost of Employment or on Basic salary.
I am a payroll administrator for payroll bearue , and we have had a few clients question the above. Whether Overtime should be calculated on the Total Cost of Employment or on Basic salary.
Please share your views.
On remuneration - essentially salary, benefits not included in remuneration.
Anthony Sterne
www.acumenholdings.co.za DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.
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