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Time policy | Compensations

With compensation settings, you decide how extra recorded hours are processed: as time off in lieu or a payout. By setting up compensation types and rules in advance, you set clear rules and automate processing of overtime or allowances.
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Manage compensation types

Before you start with compensation rules, set the compensation types company-wide. For each type you choose:

  • Type
    payout or time off in lieu

  • Percentage
    e.g. 25%, 100% or 150%

These types form the basis for all forms of compensation.
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Three ways to compensate

Depending on your policy, you can apply compensation in three ways:

  1. Set up manual compensations
    Give colleagues the option to choose a compensation type when logging hours. In the hours policy, you decide which types are available and which type is suggested by default.
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    Read more here about setting up manual compensations.
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  2. Set up automatic overtime
    Set rules that automatically grant a compensation for overtime. You choose after how many hours this applies, which type to apply, and whether to calculate this per day or per week.
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    Read more here about setting up automatic overtime.
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  3. Set up premium rules
    Add automatic premium rules for specific days or time slots, e.g. evenings, weekends or public holidays. This automatically adds the right percentage to a time entry.
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    Read more here about setting up premium rules.
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Note: The system only applies compensation rules when an employee logs hours that meet the conditions. You’ll also see the assigned compensations in the employee profile.

Related keywords: compensation, time off in lieu, overtime, payout, allowance, automatic overtime, negative hours, compensation rules, hours policy.

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