when working excess hours, an exempt employee does not receive overtime or time and a half. Time and a half is 1.5 times the hourly rate of the employee—the minimum that an employer has to pay for overtime. The act marks overtime as any hours that exceed 40 hours...
Superannuation fund is a retirement benefit provided by the employer to an employee. To build the superannuation fund, the employer makes a contribution every year to the group superannuation policy. Any payment made from a superannuation fund to an employee is exempt from tax only if it is made...
California's overtime law requires employers to pay non-exempt workers overtime for each hour worked over 8 hours in a single workday, 40 hours in a single workweek or six consecutive days in a workweek. The overtime is paid at the rate of one and a half times the employee's regular...