Overtime

Term that can refer to the hours worked by an employee beyond certain limitations set by law, or to the type of compensation an employee is entitled to receive for such hours. Under the federal FLSA, employees who work more than 40 hours in a workweek are entitled to their regular rate of pay for those additional hours worked plus an overtime premium of 50% - often referred to as “time and a half” - for those additional (i.e., overtime) hours…