Oregon Law With Overtime
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How to fill out Oregon Paternity Law And Procedure Handbook?
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FAQ
The overtime policy should include: Definition of ?standard working hours? and what qualifies as ?overtime? Classification of employees as exempt or non-exempt ing to overtime pay laws. Procedures for recording overtime and ensuring accurate compensation.
The required overtime pay is 1.5 times the hourly rate for hours worked in excess of 40 in a workweek. Overtime is calculated based on hours actually worked, and in this scenario you worked only 35 hours during the workweek.
Any number of hours exceeding 40 counts as overtime and must be compensated at a higher hourly rate. Non-exempt employees who do exceed that number are entitled to 1.5 times their regular rate.
Oregon Overtime Law Summary Salary: Regular rate = Salary divided by the number of hours the salary is intended to compensate. If the regular hours are less than 40: Add regular rate for each hour up to 40, then pay time and a half for hours over 40. If the regular hours = 40: Pay time and a half for hours over 40.
HB 4002 remedies this inequity by phasing in overtime limits over several years, starting at 55 hours in 2023 and reaching 40 by 2027. Farmworkers will be entitled to one and half times pay for each hour beyond these limits.