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  2. Biden rule grants overtime pay to 4 million US workers - AOL

    www.aol.com/news/biden-rule-grants-overtime-pay...

    April 23, 2024 at 1:04 PM. By Daniel Wiessner. (Reuters) - The administration of U.S. President Joe Biden on Tuesday unveiled a rule extending mandatory overtime pay to an estimated 4 million ...

  3. Overtime rate - Wikipedia

    en.wikipedia.org/wiki/Overtime_rate

    Overtime rate is a calculation of hours worked by a worker that exceed those hours defined for a standard workweek. This rate can have different meanings in different countries and jurisdictions, depending on how that jurisdiction's labor law defines overtime. In many jurisdictions, additional pay is mandated for certain classes of workers when ...

  4. A ban on noncompetes and expansion of overtime: What ... - AOL

    www.aol.com/news/ban-noncompetes-expansion...

    If they do, you can report a violation by emailing noncompete@ftc.gov. The overtime threshold will increase twice in the coming months: to $43,888 on July 1 and to $58,656 on Jan. 1, 2025. The cap ...

  5. Prevailing wage - Wikipedia

    en.wikipedia.org/wiki/Prevailing_wage

    Prevailing wage. In United States government contracting, a prevailing wage is defined as the hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. This is usually the union wage. [1] : 1. Prevailing wages are established by regulatory agencies for each trade and occupation ...

  6. Overtime - Wikipedia

    en.wikipedia.org/wiki/Overtime

    Overtime is the amount of time someone works beyond normal working hours. The term is also used for the pay received for this time. Normal hours may be determined in several ways: by custom (what is considered healthy or reasonable by society), by practices of a given trade or profession, by legislation,

  7. Payroll - Wikipedia

    en.wikipedia.org/wiki/Payroll

    A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously ...

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