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Key Terms
•Regular Rate of Pay:
–The rate of pay used to calculate overtime premium; determined by dividing the total earnings in a workweek by the total hours worked in a workweek.
•Workweek:
–Fixed period of 168 hours – seven consecutive 24-hour periods, which is established by the employer for the employee
•There are some exceptions for 24/7 care facilities, law enforcement, etc.
•Different work weeks can be established for different people
•Each workweek stands alone.
•Overtime Hours:
–Hours worked over 40 in a 7-day, 168 hour period
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