BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the time and a half rate for $14?
|
$21
|
|
$22
|
|
$34
|
Explanation:
Detailed explanation-1: -In the typical case of an hourly or non-exempt employee, if you are paying Sandy $14 per hour, you would have to pay her 1.5 x $14 = $21 per hour for every overtime hour. Time and a half pay is due for any hours over the standard 40-hour workweek for employees that qualify for overtime pay under the FLSA.
Detailed explanation-2: -What’s time and a half of 21.00? You make $21.00 normally. Time and a half is $31.50 an hour.
Detailed explanation-3: -Assume an employee earns $20 hourly during a 40-hour work week. Their time and a half pay would be $20 x 1.5 for a total of $30 an hour.
There is 1 question to complete.