This note explores the problem of aggregation with non-convex labor supply decisions in an economy with both straight time and overtime. In contrast to Hansen and Sargent (1988), the paper models this as a sequential decision. Instead of changing from one to infinity, with a sequential non-...
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...
Overtime and over time are words that are close in spelling and pronunciation and may be considered confusables. We will examine the different meanings
Prairie View trailed Grambling 17-7 at halftime, but scored 17 straight points out of the break to take a seven point lead with 9:43 to play. It wasn't until 38 seconds were left to play the Grambling tied the game back at 24 apiece, forcing overtime. In the first overtime,...
The defenses stepped up for 3OT and 4OT, with four straight two-point stops between the teams. Offense returned in 5OT, with the in-state rivals trading two-point conversions, making the score 42-42. The defense returned for 6OT and 7OT, as each team once again failed to convert...
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...
Jayson Tatum hit a 3-pointer at the buzzer in overtime, and the Boston Celtics rallied to beat the Toronto Raptors 126-123.
Mahomes threw a 3-yard touchdown pass to Mecole Hardman with 3 seconds left in overtime and the Chiefs rallied to beat the San Francisco 49ers 25-22.
Morgan Rielly scored 2:25 into overtime and the Toronto Maple Leafs extended their winning streak to four games with a 3-2 victory over the Philadelphia Flyers.