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This page was created on 26-Nov-2021 10:22 by JMyers

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An example is to use a premium to pay an extra 50 cents per hour for employees who work an overnight shift. In this case, the program uses a calculation formula (rule):
Premium Rate (in this case .50) X Time (hours worked) X Wage Rate (usually the employee’s assignment rate, but may have been overridden) X User Variable (1.5, 2, etc. for overtime).