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HOW TO CALCULATE OVERTIME FEE?

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Customers usually consider the fix cost (renting price and management fee) carefully and sometimes forget the other payments such as electricity, water fee, parking lots allowed, especially the “Overtime fee”.

So how do we calculate the “overtime fee”?

The business hours are often between 8:00 am and 6:00 pm (from Monday to Friday) and 8:00 am and 12:00 am (Saturday). This hours can be various by buildings. The Payment for extra time (out of these above mention) called Overtime Fee. This article must be written in the agreement.

Office Grade A, B: Overtime fee is usually calculated on rented area (m2). Most buildings allow work until 10:00 pm.

Office Grade C: Overtime fee is often free. Even some buildings allow working 24/7.