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All hours over 10 in a day, and 40 in a workweek are overtime hours, and must be compensated at one and a half times the employee's regular rate of pay. Employers must also pay employees the greater amount of overtime, whether it be the amount calculated on a daily or weekly basis.
For example, if an employee is required to work extra hours during the week of Memorial Day, then any hours worked over 40 (counting the 8 hour holiday for Memorial Day) will be compensated either with compensatory time or overtime pay.
The required overtime pay is 1.5 times the hourly rate for hours worked in excess of 40 in a workweek.
How do I know if I'm a small employer? Under Oregon law, a small business is defined as having 50 or fewer employees. A full-time employee (FTE), under the Employer Responsibility section of the federal Affordable Care Act, works 30 hours or more per week.
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.