The last thing you want to do is violate FLSA overtime requirements. With Patriot’s online payroll software, recording, calculating, and paying your employees’ regular and overtime hours is easy. And, our software lets you run your payroll in three easy steps (saving you time and money!)...
Overtime pay standards under the FLSA require that non-exempt employees receive one and a half times their regular pay rate for any hours worked over 40 in a workweek. This regulation is designed to ensure employees are fairly compensated for long hours and to discourage excessive overtime. Acc...
under theFair Labor Standards Act (FLSA),to calculate overtime, take the employee's regular pay rate and multiply it by 1.5 (or the overtime rate for your state). Then multiply that number by the number of overtime hours worked. For example, if an employee...
Per theDepartment of Labor, the maximum penalty for repeatedly or willfully violating FLSA minimum wage and overtime laws is $2,374 per employee. The maximum penalty for violating child labor standards is $15,138; $68,801 if the violation causes serious injury or death of a minor; or $137...
He is therefore owed $192 (8 hours x $24) in 1.5x overtime pay, and $160 (5 x $32) in 2x overtime. He is therefore owed $352 total for the day. The FLSA Definition Of Overtime Although there is overlap, the federal definition of overtime is much narrower and therefore provides...
to pay any back wages allocated to the affected employees, in addition to a "liquidated damages" penalty. This penalty is calculated as the amount of back wages owed. As a result, if you don’t comply with FLSA, it could cost 200% more than just paying the overtime in the first ...
hat is Commerce?]]>The article discusses a court case wherein the plaintiff-employee filed a lawsuit against an alarm installer company for overtime violation in Florida. The plaintiff claimed that he is entitled to one and a half times his regular rate of pay but the company argued that ...
“As long as [the employer] pays the overtime rate of 1.5 times [the worker’s] regular wage, it’s legal,” said Grant Aldrich, founder and CEO of OnlineDegree.com. “The 40 hours for full-time workers set by the FLSA is a minimum, and the ‘maximum’ has no limit. As long ...
What you need to know about the recent FLSA decision on overtime compensation: Allen v. City of ChicagoLaura B. Bacon
There is a lot of difference between double time and overtime. Overtime is regulated by FLSA but double-time is not. Also, there is a difference in pay rates between overtime and double-time. With double-time, you get double your normal hourly pay rate. On the other hand, with overti...