Overtime
Hours worked beyond the standard workweek (typically 40 hours in the US), which must be compensated at a premium rate — usually 1.5 times the regular hourly rate — under the Fair Labor Standards Act (FLSA).
Examples
- Paying time-and-a-half for hours over 40 per week
- Tracking overtime hours for non-exempt employees
- Managing overtime budgets during peak seasons
- Ensuring FLSA compliance for overtime calculations
Related Terms
The total amount of money an employee earns before any deductions such as taxes, insurance premiums, retirement contributions, and other withholdings are applied.
The amount of money an employee takes home after all deductions — including federal and state taxes, Social Security, health insurance, and retirement contributions — are subtracted from gross pay.
A US federal law that entitles eligible employees to take up to 12 weeks of unpaid, job-protected leave per year for specified family and medical reasons, including childbirth, adoption, or serious health conditions.
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