Settlement Period

The period over which flextime hours are tallied and balanced (up to 3 months).

One month is the most common settlement period, but up to 3 months is allowed.

· Worked more than required → excess hours are paid as overtime

· Worked less → shortfall carries over to the next period or is deducted from pay

With a 3-month settlement period, if the monthly average overtime exceeds 50 hours, the Article 36 special provision applies.

예시

1-month settlement, 160 hrs required → 180 hrs worked = 20 hrs overtime

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Flextime System

A work schedule system where employees choose their own start/end times, as long as total hours in the settlement period are met.

Core Hours

In a flextime system, the time window when all employees must be present.

Setting Up Flex-Time Work System

Admin guide for configuring and launching a flex-time work arrangement in WorkVell.

Handling Under/Overtime in Flex-Time Clearing Periods

Understand how shortfalls and excesses in flex-time work hours are handled at the end of a clearing period.

Handling Under/Overtime in Flex-Time Clearing Periods

Understand how shortfalls and excesses in flex-time work hours are handled at the end of a clearing period.

Handling Flextime Time Deficits

How to handle flextime deficits when employees work fewer than the required monthly hours.

Flexible Working Hours Clearing Period Calculation

How to calculate and handle hour surpluses and deficits at the end of a flex clearing period.

Setting Up Flex-Time Work System

Admin guide for configuring and launching a flex-time work arrangement in WorkVell.

Core Hours

In a flextime system, the time window when all employees must be present.

Flextime Core Time Settings

How to configure core time for a flextime work arrangement.