
Overtime Pay
Overtime pay refers to the additional compensation employees earn when they work beyond their standard hours, typically over 40 hours in a week. In most cases, this pay is calculated at a higher rate, often 1.5 times the employee's regular hourly wage, known as "time and a half." Overtime regulations vary by country and industry, with the purpose of ensuring fair compensation for extended work hours and to discourage employers from overworking staff without appropriate pay. Understanding these rules helps employees recognize their rights regarding workload and earnings.