Overtime Pay Calculation
Wages paid at legally-mandated premium rates for overtime, late-night, and holiday work.
【Premium rates】
· Overtime (up to 60 hrs/month): 25% above base
· Overtime (over 60 hrs/month): 50% above base
· Late night (10pm–5am): 25% above base
· Statutory holiday: 35% above base
· Overtime + late night: 50% above base
· Holiday + late night: 60% above base
【Formula】
Hourly wage × premium rate × hours
Hourly wage = monthly salary ÷ average scheduled hours/month
WorkVell calculates all premiums automatically from clock-in/out data.
예시
¥1,500/hr base rate × 1.25 premium × 2 overtime hrs = ¥3,750 overtime pay
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