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Biweekly Time ReportooNonExempt Stagnate:Employee number:Department:Period covered:Day of weekDateIn for dayOutInOutInNonExempt FacultyoStudentoWorkStudyAccount number: hours worked* at Hours worked*
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Overtime is calculated by multiplying the employee's regular rate of pay by 1.5 for hours worked beyond the standard work week.
Employers are required to calculate and record overtime for eligible employees.
To fill out how to calculate overtime, employers need to track the number of hours worked by each employee and calculate the overtime pay accordingly.
The purpose of calculating overtime is to ensure that employees are compensated fairly for working beyond the standard work week.
The information that must be reported includes the employee's name, hours worked, regular rate of pay, overtime rate, and total overtime pay.
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