Printable Contracts

   Overtime Policy

    


Create your own printable contract — FREE!

Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.

Overtime Policy

Definition

In accordance with the Federal Labor Standards Act (FLSA), any non-exempt employee working more than 40 hours per week is eligible to be paid at one-and-a-half times their hourly rate for all hours worked in addition to the standard 40 hours.

The work week begins on {Date} at {Time} and ends on {Date} at {Time}. Exempt employees are not eligible for overtime and are expected to perform their duties and responsibilities to the full extent of their job description regardless of time invested.

{Company Name} {prefers/does not prefer} compensatory time in lieu of overtime.

Authorization

All overtime requests must be authorized by a supervisor no later than {number} days before the overtime is to take place.

Some last-minute exceptions such as {exceptions} may apply. These will be reviewed by {Name} and overtime will be awarded based on the merit of the situation.

Supervisors have the right to amend and rearrange an employee's schedule in order to avoid overtime no later than {number} days before the scheduling change. Employees who cannot reasonably accommodate these changes will be subject to disciplinary action, up to and including {action}.

Employees may be asked to work overtime at any time, for any reason and are expected to reasonably accommodate this request. Those who do not will be subject to disciplinary action, up to and including {action}.

Accrual

An employee may accrue no more than {number} hours of overtime per week.

Paid time off, sick leave, jury duty, vacation, holidays and maternity leave will be paid at {rates} but will not contribute toward time worked when considering overtime calculations.

Comp Time

If comp time is used in lieu of overtime, the employee will have {number} days to use or schedule the accrued hours. After that time, comp time will be paid as a monetary transaction.

For more information, please contact:

{Name, Title, Department, Room, Phone, Fax, Email}

Create your own printable contract — FREE!

Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.


Index of Printable Contract Examples

DISCLAIMER: The contracts contained on PrintableContracts.com are not to be considered as legal advice. All content is for informational purposes, and Savetz Publishing makes no claim as to accuracy, legality or suitability. The site owner shall not be held liable for any errors, omissions or for damages of any kind.