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It can vary, depending upon what category of worker you happen to be and what laws govern such matters where you live. In the USA, the most common way of calculating overtime is on an hourly basis. Even if you are paid a weekly salary, rather than an hourly wage, you must divide the gross amount of your pay for a week by the number of hours worked in that week to arrive at the pay per hour. Generally, if you work more than 40 hours per week, you are due an additional "overtime" amount for each hour worked past 40 in that week. That additional amount is one-half your hourly pay. for example, if you are paid ten dollars an hour and you work 44 hours, your gross pay would be $ 400 for the first 40 hours and $ 60 for the additional 4 overtime hours you worked (4 x $10= 40 + 4 x $5= $20) for a total $ 460 for the week. Different rules apply if you are on a salary and meet certain other requirements. Then you might be paid only the "half-time" (and NOT the basic hourly rate) for each overtime hour.
Overtime in Canada is calculated on weekly basis. If you are working on hourly basis, you still have to work more than 44 hrs/week to be get salary based on 1.5 times salary as overtime. If you have worked under 44 hrs, you are not entitled for overtime, only your regular salary.
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federal law states that hours worked over 40 in a weekly pay period require ot pay at 1.5x normal rate. If you make $10 per hour your ot rate is $15 per hr. California has a law that makes employers pay ot for anything worked for more than 8 hrs per day. Some companies do this to get people to work a 4 day 10 hrs per day work week. Howecer in most states ot is only required for over 40 hrs worked in a weekly pay period. Employers can't change pay period, once set up they are fixed, but they can rotate schedules so that they don't have to pay ot
Simon arrived at work at 8:15 A.M. and left work at 10: 30 P.M. If Simon gets paid by the hour at a rate of $10 and time and ½ for any hours worked over 8 in a day. How much did Simon get paid?
I work 12 hour days with 8 hours regular pay and time and a half for the next 4 hours.Many times we work more hours and get double time.It is based of each day of work and not a minimum of 40 hours a week.We have a very strong Union.
First you would need to know whether you get paid straight pay or time and a half for overtime. Then of course the more you work the more the goverment deducts anyway. So alot of overtime isn't a good idea, because you don't really see the cash.
I am trying to figure out how you want this answered? Are you wondering, once your regular shift is over, how they determine how much overtime you are due? If you work less than 15 minutes of overtime, it usually goes like this: 7 min or less, none, 8 minutes or more, fifteen minutes overtime.
Any amount of time over 40 hours times time and half minus deductions.
The company I work for in East Texas has a lot of overtime. In the past year I have averaged 50 hours a week. My shift starts at 8:00 A.M. and is supposed to cease at 5:00 P.M. On a few occasions I have had to stay and work until 4-5 A.M. 20 hour days are tough, but what makes them worse, is the fact we do not recieve time and a half. We are not compensated in any other fashion either. Is this legal?
What does the federal law say about employers misusing workers'wages?
by Answerbag Staff on July 17th, 2010
| 1 person likes this
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by Answerbag Staff on July 16th, 2010
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Is it a law in Arizona to pay minimum wage?
by Answerbag Staff on July 10th, 2010
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Now we are passing something in favor of UGLY people, can a company concentrate all in one hire? (color, looks, stupidity etc?
by aiar on August 31st, 2011
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If you must do something by a certain date and you do it ON that date, is that acceptable?
by Isaac on September 12th, 2011
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You're reading How exactly do you calculate overtime?
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Say 10.00 bucks a hour time and a half would be 10.00 plus half 5.00 ==15.00 an hour. work day is 8 hours. work 10 hours and you have 2 hours o.t.
by Dave2222 on September 3rd, 2008
some companies give this as a perk, but it is not a federal mandate, some states like California state that any hours over 8 per day require an overtime rate. Federal law states that over 40 hrs in a pay period requires ot pay. Employers can't change pay periods, but can schedule employees so that not more than 40 hrs are worked in a pay period
by qwerty on September 25th, 2008
Thank you Dave2222, simple and straight 2 tha point.
by Mz. Tmp on March 8th, 2009
If you are paid on a salary basis, your "overtime" pay is usually only one-half of your regular hourly rate. This is an "easy-out" approved by the Labor department: if your regular salary for 40 hours is $ 400, then your base hourly rate is $ 10 per hour. If you work , say 46 hours one week, the law allows your employer to pay you "half time" for those extra hours. In other words, your pay for the extra six hours would be only $ 30, not the $ 90 that would be yours if you were an hourly worker, being paid time and a half for all hours over 40.It's bad, but it's legal.
by Pogster on April 6th, 2009
if you are salary you don't qualify for ot, same can be sadi for base and comission pay
by qwerty on April 7th, 2009
Many salaried employees are paid overtime, but seldom time-and-a half. It depends upon the employer.
by Pogster on April 8th, 2009
overtime by definition is time and 1 half
by qwerty on April 8th, 2009
Overtime is not necessarily one and a half times your hourly rate. I've been there and done that. Unless you are an exempt employee, a salary-paid worker being paid a set amount for 40 hours work per week can by law be paid only one-half his hourly rate for each hour worked over forty, not one-and-a-half. An alternative is to recompute the hourly rate by dividing the salary amount by the total hours worked. The result is then the base hourly rate for that particular pay period. An additional halftime (half of the "new" hourly rate) is then added for each hour worked past forty. Sounds nutty but it's the law.
An exempt salaried employee receives no extra pay for working beyond forty hours per week.
by Pogster on April 16th, 2009
if you do not get 1 and 1/2 times you pay for hours worked over 40 then you are an exempt employee, this is how the term came about. employeers are exempt from paying you more for hrs over 40. You may get extra pay for hrs over 40, but it is NOT ovetime
by qwerty on April 16th, 2009
An exempt employee is one whose position exempts him from the provision for overtime pay. These are typically managerial positions. Depending upon the size of the workforce or type of bsuiness, the Labor Department may allow only one person at a business to be termed exempt. All others must be paid time and a half for any hours worked over forty in a week. However, it's not computed as one-and-a-half times your base hourly rate for forty hours because the number of overtime hours worked affects the amount of the hourly rate for that week.
Check with the Wage and Hour folks at the Department of Labor. You still have a ways to go to understand overtime.
by Pogster on April 18th, 2009
an exempt employee can also be a base and commission pay scale, if you are in management you are 'management exempt' The pay you are speaking of should be refered to as extra, bonus or supplementary pay, not over time
by qwerty on April 18th, 2009
According to the Department of Labor, it is overtime pay.
by Pogster on April 19th, 2009