Overtime Policy
Definition
What is an Overtime Policy?
An overtime policy defines when extra hours apply and how they are compensated. SMEs must balance customer demand with wellbeing and costs. Clear rules prevent disputes and support compliance.
Why it Matters for SMEs
- Controls costs
- Ensures fairness
- Supports compliance
Example in Practice
Factorial calculates overtime and TOIL automatically.
Frequently Asked Questions
Common questions about overtime policy
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