In some cases, it is offered double of regular hourly pay.įurthermore, the overtime federal law obligates employers to pay a rate that is greater than the standard wage for regular hours. Usually, 1.5 times also known as time and half is offered to employees. These laws even contain regulations of compensation for overtime. Companies determine normal working hours depending on the job type and by the best practices of a profession.Ĭountries define Labor laws considering the overtime to prevent employees from being forced to work long hours. Some companies have 8 hours and some have 10 hours. Normal working differs from industry to industry and even company to company. Overtime is common or even mandatory for employees in industries like construction, IT, Event Management, etc. Contents of the Employee Overtime Calculator Templateįor an hourly employee, Overtime refers to the extra amount of time an employee spends for works in addition to its regular working hours. In other words, any hours that employee works exceeding their scheduled work-time is overtime.
