In the State of Illinois, overtime is not paid to the employee until they have worked 40 hours. This does not inlcude holiday pay.
Overtime is based on hours actually worked during a given work week. Holiday pay for a day when an employee does not work is not included in the 40 hours for purposes of overtime calculation.
For a 40-hour work week and an overtime rate of 1.5, you would earn $28,424.00 annually. If your overtime rate is double-time (2.0), you would earn $30,272.00 annually.
There is no maximum amount of overtime; your employer must pay you overtime wages (usually time and a half) for every hour over 40 hours in a week.
A carpenter earns $12.30 an hour for a 40-hour week. His overtime pay is 11⁄2 times his base pay. If he puts in a 46-hour week, how much is his weekly pay?
That depends entirely upon your actual salary. When you start working overtime (that means anything beyond your regular 40 hours per week), then your employer is expected to start giving you overtime pay. Generally, overtime pay is simply your regular salary multiplied by 1.5. An example: Regular salary: $20/hour 20 x 1.5 = 30 Overtime pay: $30/hour of overtime.
Ot figured at 10.50 an hour.
Exempt employees are 'exempt' from federal overtime rules and regulations, based on specific qualifications put forth by FLSA rules. (Executives, professionals, etc.) Non-Exempt employees are paid by the hour, and are subject to federal overtime rules (time and a half, for all hours worked over 40 in a pay week.) All hourly employees are non-exempt, all exempt employees are salaried, but not all salaried employees are exempt. Salaried employees must pass specific FLSA criteria to be categorized as 'Exempt', and therefore exempt from overtime rules.
That depends entirely upon your actual salary. When you start working overtime (that means anything beyond your regular 40 hours per week), then your employer is expected to start giving you overtime pay. Generally, overtime pay is simply your regular salary multiplied by 1.5. An example: Regular salary: $20/hour 20 x 1.5 = 30 Overtime pay: $30/hour of overtime.
Overtime is based on the 40 hour week. It does not include vacation comp time in most circumstances.
$23,566.40 gross, assuming a 40 hour work week, 52 weeks a year, nothing taken out for benefits and zero overtime.
FLSA law says that a week is 40 hours. If you worked more than 40 hours that week, anything over the 40 is overtime even if you worked only 37 the following week.
how much be 7 dollars a hour for one week answer please
Paid OvertimeBasically, work more hours than your standard daily working hours, you get over time (over time will be e.g if your on £7 an hour the over time rate will be an extra £3.50 ontop of that) and if you work longer than your week contracted hours of 37.5 or 40 hours, you get over time as above.in my opinion, over time doesnt make an impact on your wage unless your doing atleast 10 hours of over time each week