Overtime rate

Overtime rate,

Definition of Overtime rate:

  1. A fixed rate of pay for time spent working in addition to ones normal working hours.

  2. The augmented pay per hour that an hourly worker is legally entitled to earn when they put in more than forty hours of work per week. The minimum overtime rate in the United States is one and a half times an employees normal hourly rate of pay.

Meaning of Overtime rate & Overtime rate Definition