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Wages & Overtime Pay·지원 코드PAY-001

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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