Staffo · Published document
SCC OT Policy
SCC OT Policy — Version 2020.01
Title: Overtime and Holiday Work Policy
Version: v2020.01
Effective Date: 1 January 2020
Policy Content
The Company establishes this Overtime (OT) Policy to ensure that overtime approval, time recording, and overtime compensation are managed consistently.
1. Overtime Approval
Employees must obtain approval from their supervisor before performing overtime work, except in urgent cases where subsequent approval may be granted in accordance with Company regulations.
2. Overtime on Regular Working Days
Work performed beyond normal working hours will be compensated at the rate specified by the Company. Under this policy, the overtime rate is 1.5 times the applicable hourly wage.
3. Work on Holidays
Work performed on scheduled holidays will be compensated according to the employee's employment type and applicable entitlement. Under this policy, the applicable rate is 2 times the applicable hourly wage.
4. Overtime on Holidays
Work performed beyond normal working hours on a holiday will be compensated at 3 times the applicable hourly wage.
5. Overtime Time Calculation
Overtime is calculated in 30-minute increments. Any remaining time that does not complete a full increment will not be counted.
6. Time Recording
Employees must have verifiable clock-in and clock-out records. The time used for overtime calculation must correspond with the approved overtime request.
7. Overtime Payment
Approved and verified overtime will be included in the applicable payroll cycle in accordance with the Company's payroll schedule.