What is overtime pay and how is it calculated?

What is overtime pay and how is it calculated?

Overtime pay is the extra pay you receive for working beyond your regular hours. In the U.S., it's typically calculated at 1.5 times your regular hourly rate for hours worked over 40 in a week.

Are there any exceptions to the overtime pay rules?

Yes, certain employees, like some salaried workers and independent contractors, may not qualify for overtime pay under the Fair Labor Standards Act.

How can I calculate my overtime pay if I worked 50 hours this week?

To calculate your overtime pay, first determine your regular hourly rate. For example, if you earn $20/hour, your overtime rate is $30/hour. For 10 hours of overtime, you would earn $300 in overtime pay.

What should I do if my employer doesn't pay me overtime?

If your employer doesn't pay you overtime, you should first discuss it with them. If that doesn't resolve the issue, you can file a complaint with the Department of Labor or seek legal advice.