Overtime refers to the additional hours worked by an employee beyond their regular working hours.
Overtime compensation can vary across different industries. The admin can compensate the employees for overtime either through overtime payment or by providing them with additional leave.
- Overtime payment: This involves providing monetary compensation to employees for the extra hours they work beyond their regular schedule.
- Leave: Alternatively, you can offer additional leave to employees as a form of compensation for the overtime hours they put in, whether it's on a daily, weekly, or monthly basis.
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