The average American may work thirty-four hours per week, but sometimes this isn’t enough time to get everything done. Sometimes you may need an employee to work overtime. Sometimes an employee may request to work overtime- and not receive payment for it.
In this article, we’ll explain why your employee payments must include overtime. We’ll also explain how payroll solutions might be the best route to assist you in remaining compliant with overtime laws.
If you’re ready to better understand what your employees deserve, all you need to do is keep reading.
Overtime and the Law
It is a simple fact of labor laws that paying your employees overtime is a requirement. Even if they ask for their overtime payment to be waived, you are legally required to refuse.
Most of your workers are nonexempt employees and have a right to overtime pay. This is true even if they worked outside of their hours, which is against company policy. You may write them up or fire the employee for breaching this policy, but you’re still required to pay the overtime owed.
Your employees should always have approval before working overtime. This will ensure they are fairly paid for their work. In addition, overtime pay will boost the morale of your employees and prevent them from being burnt out.
The only workers you have that can be considered exempt from the labor laws regarding overtime are certain salaried workers. However, you need to be careful not to overburden your salaried workers because they don’t need to be paid for overtime.
Employee Payments and Overtime
The amount of money that you owe in employee payments for overtime varies from state to state. You will need to look into your local labor laws to determine what to set your overtime pay at.
However, federal law mandates that your employees be paid at least time and a half for any overtime work. This is to ensure proper compensation for their extra labor.
If you are having trouble with employee payments and overtime, you should consider payroll services. This will help you figure out how much you owe your workers and pay them accordingly.
Many payroll services will offer training courses. These courses educate you on how to structure your payroll. Learning how to properly structure how payroll is completed can spare you many problems.
Let Valor Payroll Solutions Help
Now that you’ve learned about employee payments and overtime, you know how to be compliant with the law. However, are you having trouble figuring out how to get all of your employees paid for their hours of work? If so, then you should consider payroll services for your company.
Look no further- reach out to us at Valor Payroll Solutions! You can request a consultation with us or contact a payroll expert to learn how we can assist your company.
You won’t regret it- reach out to us today! Let Valor Payroll Solutions help make employee payments easier than ever.