What is daily overtime threshold in SAP SRD-HR-TM - Time Management?

SAP Term: daily overtime threshold

• Component: SRD-HR-TM

• Component Name: Time Management

• Description: The number of hours working time on a day as of which work is counted as overtime.

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• Key Concepts: 
  Daily overtime threshold is a feature of SAP Time Management that allows an organization to set a maximum number of hours that an employee can work in a single day. This threshold is used to ensure that employees do not exceed the maximum number of hours allowed by law or company policy. 
  
  How to use it: 
  The daily overtime threshold can be set in the SAP Time Management system. The threshold can be set for each employee individually or for all employees in a particular department or organization. Once the threshold is set, any time worked beyond the threshold will be flagged as overtime and will be subject to additional pay or other compensation. 
  
  Tips & Tricks: 
  It is important to ensure that the daily overtime threshold is set correctly, as exceeding the threshold can result in costly penalties for the organization. Additionally, it is important to keep track of any changes to the threshold, as these changes may affect employee pay and other benefits. 
  
  Related Information: 
  The daily overtime threshold is just one of many features available in SAP Time Management. Other features include time tracking, leave management, and payroll processing. Additionally, SAP Time Management integrates with other SAP modules such as Human Resources and Financials, allowing for a more comprehensive view of employee data.