overtime

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Overtime

Work by a wage earner in excess of a statutory number or hours. For example, any time that a waged employee works over 40 hours in a week is usually considered overtime. Working overtime may entitle an employee to extra compensation, such as one and a half times his/her ordinary wage, which is often called time-and-a-half.

overtime

extra hours of work undertaken by an employee that are additional to the number of hours specified as constituting the ‘basic’ working week, and for which employees are paid a WAGE RATE higher than the ‘basic’ wage. Firms often resort to overtime working to meet sudden increases in orders, viewing overtime by the existing workforce as a more flexible and cheaper alternative to taking on extra workers. An overtime ban by employees can thus be a highly effective form of INDUSTRIAL ACTION.

overtime

the hours of work that are additional to those formally agreed with the labour force as constituting the basic working week. Employers resort to overtime working to meet sudden increases in business activity, viewing overtime by the existing labour force as a more flexible alternative to taking on extra workers. Overtime pay rates can be two to three times basic hourly rate. See PAY.
References in periodicals archive ?
Whatever trainers may think about a 40-hour week, what we all agree on is the fact we cannot carry on as we are.
Meanwhile YorKshire's female employees saw their wages decline by 3.8% in real terms - a loss of PS14.51 for an average full-time WORKER on a 40-hour WEEK.
According to one worker on this assembly line, the week of January 18, 1993, was the first 40-hour week on the line since July 1992; more typical was the week of January 11, when the line operated for only eight hours.
"We're looking to try to alleviate the pressure on them by bringing in a 40-hour week, where there would be a requirement to work some part of the weekend but they would be able to formalise it between the employer and staff.
THE Queen is hiring a live-in housekeeper to launder her sheets - on PS39,000 a year for a 40-hour week.
Under existing rules, they qualify for a statutory PS138.18 a week, equivalent to PS3.45 an hour for a 40-hour week, with employers encouraged to make up the gap in the employee's usual pay.
The answer is pounds 12.50 based on a 40-hour week for a full 52 weeks.
Financial services firm Fidelity's Retirement Index found that for someone earning a median weekly wage of pounds 447, their pension income would fall to pounds 223 - just pounds 9 more than the minimum wage, based on a 40-hour week.
As a farmer who gave up his farming career to join 'the real world', I can assure him that it's much better to work a 40-hour week, five days a week and get a regular wage at the end of it than to work up to 90 hours a week and more, seven days a week, without holidays and be faced with the prospect that you will be in debt as you cannot compete with cheap foreign imports and an unsupportive public
The postmen, who work a 40-hour week for pounds 12,500 a year, have fired the opening shot in what could become a bitter wage battle.
For a 40-hour week that would amount to pounds 164.