Overtime Averaging Agreement Rules in VeriClock

Learn how to use Averaging Agreement overtime rules in VeriClock to calculate overtime based on average hours worked over a defined period. This guide explains how averaging agreements fit within advanced overtime rule sets, allowing overtime to be applied correctly across days, weeks, special dates, and consecutive work periods for compliant payroll calculations.

Advanced Overtime rules allows you to create multiple Overtime Rule Sets.  Each Rule Set can be assigned to one or more employees and can includes one or more rules that define Overtime hours.  Rules can be configured to apply to: 

• Hours worked in a Day
• Hours worked in a payroll week (as defined by your payroll settings work week)
• Hours worked on Consecutive days
• Hours worked on Special Dates
• Averaging Agreements (this guide)

See this guide for instructions on how to set up Enable Advanced Overtime Settings and Create a Rule Set

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This guide will show you how to set up Advanced Overtime Rules based on hours worked in a 2 - 8 weekly period (generally known as an Averaging Agreement).  See here on how to set your account's payroll week.

Step 1: Select the rule type

Step 2: Select the number of weeks in the averaging agreement

Step 3: Enter the number of Regular hours that need to be worked during the selected period before hours worked will be classified at the overtime type selected

Step 4: Select the time type that will be assigned to the hours that meet the above selected criteria 

Step 5: Select the start date for a recent averaging period.  

Click the 'Ok' button once complete to ensure your changes are saved.