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

SAP Term: monthly overtime threshold

• Component: SRD-HR-TM

• Component Name: Time Management

• Description: The number of hours per month above which working time is credited as overtime.

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• Key Concepts: 
  Monthly overtime threshold is a feature of SAP’s SRD-HR-TM Time Management component. It allows an organization to set a limit on the amount of overtime an employee can work in a given month. This limit is based on the number of hours worked in the month and the number of hours that are considered overtime. 
  
  How to use it: 
  The monthly overtime threshold can be set up in the SAP system by an administrator. The administrator will need to enter the number of hours that are considered overtime and the maximum number of hours that can be worked in a month. Once these parameters are set, the system will automatically calculate the total amount of overtime an employee can work in a given month. 
  
  Tips & Tricks: 
  It is important to remember that the monthly overtime threshold is based on the total number of hours worked in a month, not just the number of overtime hours. This means that if an employee works more than their allotted amount of regular hours, they may still be able to work some overtime, but it will count towards their monthly total. 
  
  Related Information: 
  The monthly overtime threshold is just one feature of SAP’s SRD-HR-TM Time Management component. Other features include time tracking, attendance tracking, and leave management. All of these features can help organizations manage their workforce more efficiently and effectively.