OVERTIME PAYROLL Clause Samples

The OVERTIME PAYROLL clause defines how employees are compensated for hours worked beyond their standard work schedule. Typically, this clause outlines the rate of pay for overtime hours, such as time-and-a-half or double time, and specifies which hours or days qualify as overtime, like weekends or holidays. Its core function is to ensure employees are fairly compensated for extra work and to provide clear guidelines for both employers and employees regarding overtime pay, thereby reducing disputes and ensuring compliance with labor laws.