According to Federal Law, an employer is required to pay an employee overtime for any hours over 40 in one pay period. Over time rates are generally time and a half.
Not normally but that varies by state.
To calculate overtime pay, follow these steps: Determine Overtime Rate: Typically, it's time and a half (1.5 times the regular rate). For example, if the regular rate is $20/hour, the overtime rate is $30/hour (1.5 x $20). Calculate Overtime Hours Worked: Overtime is usually the hours worked over the standard full-time hours (often over 40 hours per week). Calculate Overtime Pay: Multiply the overtime hours by the overtime rate. E.g., for 8 overtime hours at a $30/hour rate, the overtime pay is 8 x $30 = $240. In Excel: Set up columns for names, regular hours, hourly rate, overtime rate, overtime hours, and pay. Multiply regular hours by hourly rate for regular pay. Multiply overtime hours by the overtime rate for overtime pay. Add regular and overtime pay for total pay. Ensure accuracy in calculations to avoid compliance issues. For complex situations, consider using dedicated software or automation tools.
Overtime = Hours Worked - Contracted Hours.
No, I am a nurse I work 12-16 hours per day depending on my schedule and we don't get overtime. Overtime is anything over 40hours/week.
Yes
Employers owe non-FLSA-exempt employees overtime for WORK in excess of 40 hours in a week, not 8 hours in a day.
772.56
You should only be paid overtime rates for work performed over 8 hours a day or 40 hours a week.
What the company considers overtime needs to be defined in an employees' handbook. Some companies might consider overtime as anything over 8 hours in a day while other companies might consider overtime as anything over 40 hours in a week.
To calculate overtime man-hours, first determine the total hours worked by an employee in a given pay period. Subtract the standard hours (usually 40 hours per week in the U.S.) from the total hours worked to find the overtime hours. Multiply the overtime hours by the number of employees working those hours to find total overtime man-hours. For example, if two employees worked 10 hours of overtime, the total overtime man-hours would be 20 hours (2 employees x 10 hours).
a journalist works 7 to 8 hours a day hours for overtime would be 9 to 11
No. Overtime is only given if you work more than 40 hours in a given workweek.