MANAGEMENT

Detailed explanation-1: -As per Indian Labor laws, employers are required to pay double the normal wage rate for the number of extra hours a worker puts in at the workplace. In the United States, Federal overtime laws mandate that employees who work more than 40 hours in the week should be paid at least time and a half for the overtime hours.

Detailed explanation-2: -According to the FLSA, the formula for calculating overtime pay is the nonexempt employee’s regular rate of pay x 1.5 x overtime hours worked.

Detailed explanation-3: -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-4: -In most cases, overtime pay rate is 1.5 times the employee’s regular rate of pay, which is commonly referred to as “time and a half”.

Detailed explanation-5: -Using the time-and-a-half rule of thumb, you’d calculate overtime pay by multiplying an employee’s hourly rate by 1.5 and then multiplying the result by the number of overtime hours they worked. You then add that total to the amount they make within a 40-hour workweek.