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Get the free Report of Prior Approved Classified Employee Compensatory Time/ Overtime Earned

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This document is used for reporting and approving compensatory time or overtime earned by classified employees at Northwestern State University.
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How to fill out Report of Prior Approved Classified Employee Compensatory Time/ Overtime Earned

01
Gather all necessary employee details including name, department, and position.
02
Document the specific dates and hours worked that pertain to compensatory time or overtime.
03
Indicate the reason for the overtime or compensatory time on the form.
04
Ensure that all entries are consistent with prior approvals obtained from supervisors.
05
Double-check all calculations for accuracy in hours and corresponding compensation.
06
Submit the completed form to the appropriate HR or finance department for processing.

Who needs Report of Prior Approved Classified Employee Compensatory Time/ Overtime Earned?

01
Classified employees who have accrued compensatory time or overtime.
02
Supervisors or managers who oversee classified employees and need to approve compensatory time.
03
Human Resources departments that process and track employee time and compensation.
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Under the FLSA, overtime pay is determined by multiplying the employee's “straight time rate of pay” by all overtime hours worked PLUS one-half of the employee's “hourly regular rate of pay” times all overtime hours worked. All overtime work that is ordered or approved must be compensated.
The rate at which they earn comp hours can vary. However, it is often calculated as time and a half (1.5 hours of comp time for every hour of overtime worked). For example, if an employee works 10 hours of overtime, they will accrue 15 hours of comp time.
How to calculate comp time. To calculate comp time, multiply the number of hours worked over 40 hours per week by 1.5 to determine the comp time due. In the example above, Jane worked 12 hours beyond her 40-hour work week. Jane's employer will multiply 12 times 1.5 to get 18 hours.
Here are the basic steps you can use to calculate overtime pay for an employee who works over 40 hours within a week: Find typical hourly wage before overtime. Multiply the hourly wage by 1.5. Multiply by total overtime hours. Add the result to compensation from regular hours.
Under the FLSA, overtime pay is determined by multiplying the employee's “straight time rate of pay” by all overtime hours worked PLUS one-half of the employee's “hourly regular rate of pay” times all overtime hours worked. All overtime work that is ordered or approved must be compensated.
Recording of overtime refers to the process of tracking and documenting any hours worked by an employee beyond their regular working schedule. When an employee works more than the standard hours set by their contract or local labor laws, those extra hours are considered overtime.
How to calculate comp time. To calculate comp time, multiply the number of hours worked over 40 hours per week by 1.5 to determine the comp time due. In the example above, Jane worked 12 hours beyond her 40-hour work week. Jane's employer will multiply 12 times 1.5 to get 18 hours.
How to calculate hours worked Step 1: Determine start and end time. Simple as that. Step 2: Convert time to military time. Step 3: Subtract start time from end time. Step 4: Subtract unpaid breaks. Step 5: Convert to decimal format. Step 6: Add up total hours for pay period.
State compensatory time: Time off with pay authorized by the state at a rate of one hour off for each hour worked; earned by exempt and non-exempt employees under certain circumstances to which FLSA does not apply. State compensatory time will expire after 12 months.

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The Report of Prior Approved Classified Employee Compensatory Time/Overtime Earned is a document used to track and report the compensatory time and overtime hours earned by classified employees who have received prior approval for additional work hours.
Classified employees who have accrued compensatory time or overtime that has received prior approval must file this report, usually through their supervising department.
To fill out the report, employees should provide details such as their name, employee ID, the dates worked, the number of compensatory and overtime hours earned, and any necessary supervisor signatures or approvals.
The purpose of the report is to ensure compliance with labor regulations, accurately track employee earnings, and facilitate proper compensation for classified employees who work beyond their standard hours.
The report must include the employee's name, ID number, department, the dates and hours of overtime worked, the total hours of compensatory time earned, supervisor's approval, and any other relevant details required by the organization's guidelines.
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