Define: Overtime Laws

Overtime Laws
Overtime Laws
Quick Summary of Overtime Laws

Overtime laws are regulations that govern the payment of additional compensation for hours worked beyond a standard workweek or workday. These laws aim to protect workers’ rights and ensure fair compensation for extended work hours. Overtime laws typically mandate that eligible employees receive a premium rate of pay, usually one and a half times their regular hourly wage, for each hour worked beyond a certain threshold, such as 40 hours in a workweek. These laws may also establish exemptions for certain categories of workers, such as salaried employees, professionals, or executives, who are not entitled to overtime pay. Overtime laws vary by jurisdiction, with different countries, states, and regions having their own regulations and requirements. Employers are generally required to comply with applicable overtime laws and may face penalties or legal consequences for violations. Overall, overtime laws serve to protect workers’ rights, promote fair labour practices, and ensure that employees are adequately compensated for their time and labour.

Full Definition Of Overtime Laws

Overtime laws require the payment of overtime to non-exempt employees, usually when they work more than 40 hours per week. Non-exempts are usually paid wages, i.e., by the hour.

Salaried employees are usually exempt from overtime laws.

Overtime laws typically require payment of time and a half for overtime.

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This glossary post was last updated: 29th March, 2024.

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