When an employee is entitled to overtime pay, the rate cannot be less than one and one-half times (time and a half) an employee's regular rate of pay. For example, if your hourly rate of pay is $10/hour, the overtime rate is $15/hour.
In some cases, overtime may be paid as double time (working on a holiday, for example). However, double time is an agreement between an employer and employee and there are no laws requiring that it be paid. If you are paid double time and your regular hourly rate is $10/hour, the double-time rate would be $20/hour.
Exempt employees, are not entitled to overtime pay. In addition, some exceptions to the overtime guidelines apply under special circumstances to police officers and firefighters employed by public agencies and to employees of hospitals and nursing homes.
How to Calculate Overtime Pay
Here's information on how overtime pay is calculated. When you want to see how much overtime pay you will earn, you can use this Overtime Calculator from the United States Department of Labor to help you determine if you're eligible for overtime pay and to calculate how much overtime you will receive for a typical pay period.
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