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Example: An employee paid $8.00 an hour works 44 hours in a workweek. The employee is entitled to at least one and one-half times $8.00, or $12.00, for each hour over 40. Pay for the week would be $320 for the first 40 hours, plus $48.00 for the four hours of overtime - a total of $368.00.
Compute the ?hourly regular rate of pay? by dividing the ?total remuneration? paid to an employee in the workweek by the number of hours in the workweek for which such compensation is paid.
For example, a $12 hourly rate will bring, for an employee who works 46 hours, and receives a production bonus of $46 for the week, a new regular rate of pay of $13 an hour (46 hours at $12 yields $552; the addition of the $46 bonus makes a total of $598; this total divided by 46 hours yields a regular rate of $13).
The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments.
The regular rate of pay is the total earning by the employee divided by the total number of hours worked in the workweek. REGULAR RATE OF PAY = Divide the total earnings for the workweek, including earnings during overtime hours, by the total number of hours worked that workweek.