Last year, we were on bi-weekly payroll. The employee's work Monday through Friday. No problem in calculating overtime. Simple, right?
Ok, so starting in 2012, we went to semi-monthly pays. The checks are on the 15th and the 30th of the month. Pay periods are ending on the 10th and 25th.
Let me give you an example: We were paid on 4/13 (because the 15th fell on a Sunday) for hours worked from 3/26-4/10. And now, we will be paid on 4/30 for hours worked from 4/11-4/25. Since we work Monday-Friday, it would seem I have to go back, look at what hours got paid out on 4/9 and 4/10, redo the whole week to see if the remaining hours from 4/11-13 would have resulted in overtime and pay out the difference.
Am I making it out to be harder than it is? Do I really have to take an employee that worked 21:14 (Monday and Tuesday) (already paid) and then worked 24:17 (Wednesday, Thursday and Friday), go back, calculate what would have resulted in overtime and pay it out?
There has to be a simpler way of doing this.