Hourly-Rate Employees, Definition(s) of

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“Earnings at hourly rate exclusively. If the employee is employed solely on the basis of a single hourly rate, the hourly rate is his “regular rate.” For his overtime work he must be paid, in addition to his straight time hourly earnings, a sum determined by multiplying one-half the hourly rate by the number of hours worked in excess of 40 in the week. Thus a $6 hourly rate will bring, for an employee who works 46 hours, a total weekly wage of $294 (46 hours at $6 plus 6 at $3). In other words, the employee is entitled to be paid an amount equal to $6 an hour for 40 hours and $9 an hour for the 6 hours of overtime, or a total of $294.” (U.S. Department of Labor)

Glossary Source: 

U.S. Department of Labor. (1981). Code of federal regulations for the U.S. Department of Labor: 29 CFR 778.110 - Hourly rate employee. Retrieved on December 6, 2005, from http://www.dol.gov/dol/allcfr/Title_29/Part_778/29CFR778.110.htm.