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How to Create Overtime Settlement Settings

Article author
Learning Center Mekari
  • Updated

The Compensation Settlement feature in the Payroll Processing module of Mekari Talenta makes it easier for you to manage payroll corrections and overtime retroactive pay that is approved after the monthly payroll cycle is complete. You can customize this feature through the Settings menu to align it with your company's policies. The following are the steps for creating an overtime settlement rule.

  1. Go to the “Settings” menu.
  2. Then, on the “Payroll” tab, click Overtime settlement.
  3. You will then be directed to the Overtime settlement settings page. Click “Create rule” to start creating a rule.
  4. Then, complete the rule creation form as described below.
No. Button/Column Name Description
1 Settlement rule name Enter the name of this settlement rule in this field.
2 When Select this option to determine the schedule for processing retroactive pay or corrections (which are carried out after the run payroll schedule is complete).
3 Then

You can determine the action the system will take after the retroactive pay or correction process is complete:

  • Auto-schedule settlement: The system will automatically process the retroactive pay or correction according to the period you set in the period field.
  • Run settlement manually: Select this option if you want to run the retroactive pay or correction process manually as needed.
  • Exclude from settlement: The system will automatically exclude the settlement from the overtime compensation calculation.
  1. The rule you created will then be listed on the Settings - Overtime settlement page. On this page, you can manage all the rules you have created.

      
No. Button/Column Name Description
1 Filter status Click to filter data based on the rule's active status.
2 Search bar Enter specific keywords to search for compensation settlement data.
3 Rule status Click to deactivate/activate the settlement rule. When you change the rule status, a pop-up appears to confirm your action. Continue by clicking “Deactivate/Activate”.
4 Actions Click this button to modify the settlement rule data by clicking “Edit”.

You can then change the information in the settlement rule you created as follows. Once you have made the desired changes, click “Save changes”.

This concludes the guide to creating a compensation settlement rule in the Settings menu. Next, you can learn how to manage the Compensation Settlement page in the Payroll menu here.