HOW IS OVERTIME CALCULATED FEDERALLY?
The Fair Labor Standards Act (FLSA) requires companies doing interstate or foreign commerce and state and local governments to pay overtime of 1.5 times an employee’s regular rate of pay for hours worked in excess of 40 hours in a workweek.
There are several overtime pay laws by the FLSA such as properly calculating a workweek, when to pay overtime, what notices an employer must post in the workplace, the fact that the right to overtime protection may not be waived by an employee, and properly calculating employees’ regular rates of pay.
However, keep in mind that certain executive, professional administrative, computer professional, outside sales, and highly compensated employees may be exempt from the overtime rules.
David Payab, Esq. from The Law Offices of Payab & Associates can be reached @ (818) 918-5522 or by visiting http://payablaw.com/