Policy - Overtime Compensation
Section: Human Resource Policies
Policy Owner: Ignition633 Ministries Nigeria Human Resources
Policy Name: Employee Benefits Policy
Origination Date: August 2025
Purpose
The purpose of this policy is to outline the additional benefits provided to employees of Ignition633 Ministries beyond their monthly pay. These benefits are designed to promote the well-being, financial security, and overall satisfaction of employees while supporting them in times of need.
Scope
This policy applies to all employees of Ignition633 Ministries who have successfully completed their 90-day trial period. It governs the provision of employee benefits, including monthly pay procedures, healthcare assistance, workers’ compensation, time-off entitlements, and the savings program.
Overtime Compensation
Employees may be eligible for overtime compensation when they work beyond their regular work hours per their employment contracts. Overtime rates are calculated as follows:
Half-Time Overtime Compensation
Employees who work more than 1 hour beyond their regular work time at the request of their supervisor will receive half the daily overtime pay rate. This means one hour is calculated as half a day and will receive overtime payment equivalent to half a day’s pay, which is N1,000 for the base pay of N40,000.
Full-Time Overtime Compensation
Employees who work more than 4 hours beyond their regular work hours will receive full-time overtime pay. Employees will be compensated at their full regular hourly rate for 4 hours and above. This is N2,000 for the base pay of N40,000.
If you have any questions about your department's bonus and overtime policy, please get in touch with your supervisor or HR.
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This policy will be reviewed annually and is subject to change. Any changes will be communicated to all employees promptly.
For any questions or further assistance regarding this policy, employees should contact the HR department at hr.nigeria@ignition633.org.