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Overtime Policy: Purpose

The overtime policy outlines that the company will pay overtime of 100% of the basic pay rate for hours worked over 8 in a day or on holidays. Supervisors must obtain approval from managers before allowing overtime, and employees must notify their supervisor in advance to get approval for overtime work or they will not be paid. Supervisors who authorize overtime without approval or rely too heavily on overtime may face disciplinary action, and employees who work unauthorized overtime may also be disciplined up to termination.

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809 views2 pages

Overtime Policy: Purpose

The overtime policy outlines that the company will pay overtime of 100% of the basic pay rate for hours worked over 8 in a day or on holidays. Supervisors must obtain approval from managers before allowing overtime, and employees must notify their supervisor in advance to get approval for overtime work or they will not be paid. Supervisors who authorize overtime without approval or rely too heavily on overtime may face disciplinary action, and employees who work unauthorized overtime may also be disciplined up to termination.

Uploaded by

Kat Palacio
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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OVERTIME POLICY

Purpose

The purpose of this policy is to control labor costs by managing the expense of overtime pay to
employees.

Compliance

THE COMPANY will pay time the overtime rendered by an employee. Overtime refers to the additional
pay for work performed in excess of eight (8) hours a day.

 Plus 100% of the basic pay rate for work performed in excess of 8 hours on ordinary day or
holiday.

This OT policy guidelines, and procedures established by the Company may change from time to time, in
its discretion.

Overtime Approval

Supervisors are required to obtain approval from managers prior to the use of overtime. Employees who
anticipate the need for overtime to complete the week's work must notify their supervisors in advance,
send an OT form and obtain approval prior to working hours that extend beyond their normal schedule.
No approval, no pay.

Consequences of Overuse of Overtime

Supervisors who authorize staff members to work overtime without prior approval from management will
be subject to disciplinary action. Supervisors who continually rely on the use of overtime hours to
complete a week's work without it being deemed as extenuating circumstances by management will be
subject to disciplinary action.

Consequences of Unauthorized Overtime

Employees who fail to obtain approval prior to working hours that extend beyond their normal working
hours will be subject to disciplinary action up to and including termination.

I hereby acknowledge that I have read, understand and agree to the terms of this document relating to the
overtime policy.

____________________________________ _______________________
Employee’s Signature over Printed Name Date Signed

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