In addition to his straight-time pay, Bob is entitled to time-and-a-half overtime pay at $30 per hour for the ninth through twelfth hours he worked for the first six days. He is also entitled to overtime premium, or double-time work pay, at $40 per hour for the thirteenth and fo...
The employee has already been paid straight time by virtue of the salary, and the straight time is only paid once, so the overtime hours will be paid at half the regular rate, thus bringing the employee up to time and a half. In workweeks in which the overtime is high, the regular...
Step 2: Calculate regular rate of pay by dividing total straight-time compensation by total hours worked. $700 total compensation ÷ 50 hours worked = $14 regular rate of pay Step 3: The overtime pay is calculated using the regular rate times 0.5 times the number of overtime hours. $14...
Overtime can seem complicated at times, but we’re here to help. In this article, we go over what overtime is, how much it pays, and who qualifies.
overtime hours without overtime pay because CVS improperly classified them as being exempt from any overtime pay. The assistant managers are dispute this classification and instead allege they should have been paid for all their overtime hours worked because they were not ...
salary basis also receives additional compensation based on hours worked for work beyond the normal workweek. Such additional compensation may be paid on any basis (eg, flat sum, bonus payment, straighttime hourly amount, time and one-half or any other basis) and may include paid ...