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The federal overtime provisions are contained in the fair labor standards act This guide breaks down the key provisions of the flsa overtime regulations to ensure compliance and avoid costly legal penalties. Learn about the fair labor standards act, which gives eligible employees the right to earn overtime pay at a minimum overtime rate.
In this article, we define overtime pay, explain how it functions under federal law and state laws, review different types of overtime work, and provide steps to calculate it using your regular rate of pay or hourly rate. Understanding how overtime pay works, who qualifies, and how it is calculated is essential for both employers and employees Overtime pay ensures employees are fairly compensated for extra time on the job.
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