No, it doesn’t. There are no special rules. No hidden rates — in fact, it’s taxed at the same rate as regular pay. So why might you have employees in your office with their pay stub demanding to know why you
Employers face decisions about managing overtime costs while meeting employee preferences. Two common strategies are traditional overtime pay and banked hours, also known as time in lieu. Both options carry payroll implications influenced by jurisdictional rules, employee contracts, and financial planning....