Pay Scheme Details enable the configuration of various pay structures during the onboarding process of new employees.
Properly configuring the Pay Scheme template is crucial to:
Make certain that a precise calculation of the employee's overtime pay on regular work days, non-work days, and holidays.
Comply with the regulations outlined in the Employment Act mandated by the Ministry of Manpower in Singapore.
Ensure that modules pertaining to the Pay Scheme can function according to their specific requirements.
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Create Pay Scheme Details
Head to Settings > Pay Scheme Details
Click New Pay Scheme
Pay Scheme Details Creation
Write the Name > Choose Assign Company and Pay Scheme Country
Choose the pay scheme’s working hours
There will be 4 options:
Fixed Working Days with Fixed Hours
Fixed Working Days with Flexible Hours
Shift
Disable (will follow calendar days)
Fixed Working Days with Fixed Hours and Flexible Hours
Select the days > choose the category for the days that you have chosen
Adjust the Working Hours as follows:
From: the starting hour of the work
To: the ending hour of the work.
If the employee is supposed to work remotely during those days, tick Remote work
If you would like to add a Break duration, click New Break Duration, where you can choose whether you want it to be paid or unpaid
Please ensure to choose at least one working hours group as a default working day. Each day can only exist in one working day group
Click New Group if you would like to create a new working days group
Shift
Under the Shift planning pay scheme, you can set the Number of working days per week, the Number of hours required to work per week, and the Number of hours required to work per day.
Disable
Once clicked, you don’t need to set the days or hours in the Pay Scheme, as it automatically follows the calendar day
Overtime Policy
On condition that the pay scheme includes Overtime, click Overtime Policy
Enter the multiplier accordingly, which includes the one under Non-working days if needed
Choose the Holiday Group
Click Create once done