MANAGEMENT

Detailed explanation-1: -14 of the Act mentions that any worker whose minimum rate of wages are fixed with wage period of time, such as by hour, by the day or by any such period and if a worker works more than that number of hours, it is considered to be overtime.

Detailed explanation-2: -Overtime refers to any hours worked by an employee that exceed their normally scheduled working hours. While a generalized overtime definition refers simply to those hours worked outside of the standard working schedule, overtime commonly refers concurrently to the employee’s remunerations of such work.

Detailed explanation-3: -Minimum Wages Act, 1948 According to Section 33, workers who work overtime must be paid at a rate that is double their regular rates of pay. It states that the employer may accept actual work up to a maximum of 9 hours every 12-hour shift on any given day.

Detailed explanation-4: -Overtime pay refers to the compensation you receive for working beyond normal working hours. For example, if you’re eligible to receive overtime pay and your standard workweek is 40 hours, working 50 hours in a given week means you can earn overtime pay for those 10 extra hours.

Detailed explanation-5: -For most companies, 30 hours to 35 hours per week is considered to be part-time.