HCSV 360 Lecture Notes - Lecture 14: Federal Holidays In The United States, Paycheck
11 Apr 2017
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As managers you must be able to answer basic questions about where all the money goes: overtime and holidays, the law states that for all overtime work an employer must pay time and a half. So if you earned . 00 per hour, then overtime pay = . 00 (. 00 per hour is the california and federal minimum wage, 2008: any time over 12 hours in one shift is paid by double time= minimum. . 00/hour: overtime is considered anytime over an 8 hour work day or 6 consecutive days, the fair labor standards act does not require payment for time not worked on federal holidays. Some employers however, are generous and will pay time and a half or double time for work done on a holiday. Some employers may give holidays off with pay. Total amount you earn from salaries, overtime and bonuses before taxes are taken out. You are not taxed on monies going straight into retirement: net pay b. i.
