What Is Overtime Pay? Overtime pay refers to the additional compensation that employees receive when they work more than a regular number of hours in a workweek. The rate of overtime pay is typically higher than the regular pay rate. In many places, overtime pay starts when an employee wo...
Overtime pay standards under the FLSA require that non-exempt employees receive one and a half times their regular pay rate for any hours worked over 40 in a workweek. This regulation is designed to ensure employees are fairly compensated for long hours and to discourage excessive overtime. Acc...
(Time and a half is the minimum amount you must pay for overtime work; you have the right to pay employees more than that if you choose.) Overtime has been part of American workforce law since the U.S. Department of Labor’s Fair Labor Standards Act (FLSA) was passed in 1938. ...
Time and day of the week that the workweek begins Hours worked each day Total hours worked each week Hourly pay rate Overtime earnings each week The last thing you want to do is violate FLSA overtime requirements. With Patriot’s online payroll software, recording, calculating, and paying you...
Overtime pay is one and one-half times their regular hourly rate. For each hour a qualifying employee works over 40 hours, you must multiply their hourly rate by 1.5. The FLSA overtime pay laws require that you provide overtime wages to your employees unless they are exempt. Exempt ...
What you need to know about the recent FLSA decision on overtime compensation: Allen v. City of ChicagoLaura B. Bacon
or professional exemptions, you may hold off on making any salary changes or reclassification of those individuals to non-exempt (or overtime eligible) under the FLSA. Because the future of the rule is uncertain, you ultimately may not have to implement any changes, so you may take a wait-...
hat is Commerce?]]>The article discusses a court case wherein the plaintiff-employee filed a lawsuit against an alarm installer company for overtime violation in Florida. The plaintiff claimed that he is entitled to one and a half times his regular rate of pay but the company argued that ...
to pay any back wages allocated to the affected employees, in addition to a "liquidated damages" penalty. This penalty is calculated as the amount of back wages owed. As a result, if you don’t comply with FLSA, it could cost 200% more than just paying the overtime in the first ...
Overtimeis regulated by FLSA but double-time is not. Overtime is provided to employees if they work more than 40 hours within a single workweek. Apart from having different regulations, overtime is different from double-time pay because of the difference in rates. With double-time, you get...