Definitions:
Wage Factor: The amount that you multiply the employee’s hourly wage rate with to calculate their overtime wages.
Messenger:
In Messenger, the Wage Factors are used to calculate the Labour Expense Report and the Wages of the employee on the Payslip.
For Example:
|
Hours Worked |
Hourly Wage |
Column |
Pay Factor |
Total Earnings |
|
10 |
R15.00 |
Normal Time |
1.0 |
R150.00 |
|
5 |
R15.00 |
Overtime 1.5 |
1.5 |
R112.50 |
|
2 |
R15.00 |
Sunday 2.0 |
2.0 |
R60.00 |
To calculate the total earnings you will use the following formula:
|
Hours Worked * Hourly Wage * Wage Factor = Total Earnings
|
The Wage Factors can be setup from by going to the Main Menu of Messenger, clicking on Setup, then Preferences and finally the Wage Factors tab. (See figure 1)
Figure 1
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