Hello,
I am trying to create a spread sheet to calculate overtime but there are a few rules that I don't know how to apply in excel. This spreadsheet is only looking at overtime hours and is not concerned with normal working hours.
The rules for the overtime are as follows:
Monday (06:00) - Saturday (14:00) = OT rate 1 (time & half)
Saturday (14:00) - Monday (06:00) = OT rate 2 (double time)
If the overtime is a call out then the following rules also apply:
Call-out rates: i) 1 hour paid at OT rate for the hour called out AND ii) Payment for 3 hours at OT rate, or actual overtime hours worked, whichever is greatest.
Any help would be much appreciated.
Thanks
Rhod
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