Courses / HR & Employment Law Basics
22. Overtime pay
Additional compensation required for covered employees who work beyond statutory hours or thresholds.
Foundations of HR & Employment Law for Talent Acquisition
Overtime pay
Extra compensation employers must pay covered employees who work beyond statutory hours or thresholds.
"I need to hire someone but also make sure we budget correctly when they work extra hours."
Overtime pay is additional wage required by law when a covered employee works more than the statutory daily, weekly, or threshold hours; it’s intended to compensate time worked beyond normal limits. Rules vary by jurisdiction and by employee classification (exempt vs. nonexempt).
"I need to hire someone but also make sure we budget correctly when they work extra hours."
Overtime pay is additional wage required by law when a covered employee works more than the statutory daily, weekly, or threshold hours; it’s intended to compensate time worked beyond normal limits. Rules vary by jurisdiction and by employee classification (exempt vs. nonexempt).