Business Example 5 - Guarantees Plus Rule
This example covers the business need where employees are guaranteed a total of eight (8) hours at the various rates at which they recorded actual work time.
Configuration
Rule parameters:
| Parameter | Value |
|---|---|
| *Time Codes | WRK, TRN |
| Hour Types | REG, OT1 |
| Type of Eligible Detail | option selected |
| *Guarantee Period | option selected |
| *Use Guaranteed Minutes from | Constant Duration option selected with 480 specified in the field |
| Use effective minutes when calculating eligible minutes | Unchecked |
| Consider independent occurrences | Unchecked |
| *Premium Time Code | Assign time code option selected with GUAR selected from the lookup |
| Premium Hour Type | Assign hour type option selected with REG selected from the lookup |
| Premium Rate | Allocate proportionally by rate option selected |
Results
Employee is paid guarantee premium for two different rates.
Before running:
| Date | Start | End | Duration | Time Code | Hour Type | Rate |
|---|---|---|---|---|---|---|
| MON | 0800 | 1200 | 240 | WRK | REG | $10.00 |
| 1200 | 1300 | 60 | WRK | REG | $20.00 |
After running:
Because the employee works 80% of his worked time at $10 and 20% of his worked time at $20, the three hours of guaranteed time is paid out at 144 minutes (180 x 0.8) at $10 and 36 minutes (180 x 0.2) at $20.
| Date | Start | End | Duration | Time Code | Hour Type | Rate |
|---|---|---|---|---|---|---|
| MON | 0800 | 1200 | 240 | WRK | REG | $10.00 |
| 1200 | 1300 | 60 | WRK | REG | $20.00 | |
| 0000 | 0000 | 144 | GUAR | REG | $10.00 | |
| 0000 | 0000 | 36 | GUAR | REG | $20.00 |