Regular Time
In human resources and labor law, the standard or base hourly wage paid to non-exempt employees for their normal workweek hours is referred to as “regular time.” To put it another way, it refers to the hourly wage that an employee receives for working standard, non-overtime hours. The calculation of overtime pay, which is typically paid at a rate that is one and a half times the employee’s regular rate of pay, is based on the concept of regular time, which is why it is important.
By law, employers must pay their workers at least the federal minimum wage for every hour they work. Employers are required to pay employees overtime at a rate equal to one and a half times the employee’s regular rate of pay for hours worked in excess of the standard workweek, which is typically 40 hours per week. Therefore, it is essential to accurately calculate an employee’s regular pay rate in order to ensure that they are compensated appropriately for any overtime they put in.
The regular rate of pay is determined by dividing the total compensation an employee receives in a workweek by the total number of hours worked in that week, including any non-overtime hours. All non-discretionary bonuses, commissions, and other forms of weekly compensation fall under this category. Employers are required by law to calculate an employee’s overtime pay based on their regular rate of pay, not just their base hourly wage. As a result, an employee’s rate of overtime pay can change from week to week depending on their overall pay for that workweek.