
Time-and-a-half
Time-and-a-half is a way to pay employees extra when they work beyond their regular hours. For example, if a standard hourly rate is $10, then time-and-a-half pay is $15 per hour. This means the employee earns their usual rate plus half of that rate as additional compensation for overtime hours. Employers often use this rate to compensate employees fairly for extra work beyond their normal schedule, ensuring that their effort is recognized with higher pay.