Retroactive Overtime is computed by using the number of hours of overtime worked for the specified payroll period to look up the coefficient percentages from the coefficient table (Form WH-134) . This coefficient percentage is then multiplied by the commission and/or bonus to determine the ROT amount that will be awarded to the employee in addition to the already existing overtime and commission.
The additional amount on money beyond the overtime, the commission or bonus, must be a guaranteed payment to the employee based upon specified work criteria. Here are some examples of some bonuses that qualify and do not qualify.
Read more about this topic: Retroactive Overtime
Famous quotes containing the word computation:
“I suppose that Paderewski can play superbly, if not quite at his best, while his thoughts wander to the other end of the world, or possibly busy themselves with a computation of the receipts as he gazes out across the auditorium. I know a great actor, a master technician, can let his thoughts play truant from the scene ...”
—Minnie Maddern Fiske (18651932)