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While the onus is on employers to pay their employees correctly, there is some responsibility on the employee to make sure that any variable payments, such as overtime or commission, are paid. Variable payments. It’s still important that people check these details closely though. Do I need to keep my payslips?
According to the Act, overtimepay is essential unless a prior contract has been drawn. However, overtime is not applicable for professional or managerial employees. Generally, employees who work overtime for more than 40 hours per week must be given overtimepay. However, a rest period is mandatory.
It is hard work with long hours some weeks but with the straight-time pay rate at about $50.00 per hour, bonuses, overtimepay, stock options, and some great fringe benefits (including tuition reimbursement for her master’s degree now underway two nights per week), Marion is enjoying the career she always wanted. Burton, Jr.,
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Automated Calculations for Payroll and Deductions Weve all been there: manually calculating taxes, benefits, and overtime. Whether its grosspay, tax deductions, or pension contributions, automation ensures that every number is spot-on. Its tedious, error-prone, and time-consuming. Why is this so important?
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