18: Overtime Pay Calculation
FLSA requires the payment of overtime to nonexempt employees. The FLSA requires you to pay overtime wages at the rate of one and one half times the regular rate of pay to nonexempt employees who work more than 40 hours in a week. In order to calculate the overtime due you have to know these…
About the author, Thomas
I have 20 of years insurance industry experience in C-level management, focusing on all aspects of workers compensation, risk management, loss control, employee benefits, HR, payroll and professional employer organization (“PEO”) operations. Currently, I am the owner and CEO of Humanly HR, and founder and host of SmallBiz Brainiac; a podcast providing employer intelligence to small business owners.