What are the differences between regular pay and overtime pay?

Regular pay and overtime pay are two terms used to describe how an employee gets paid for their work. In Indiana, regular pay is the amount of money the employee earns for their regularly scheduled hours of work in a given pay period. Overtime pay is the amount of money the employee earns when they work more than 40 hours in a given week. Regular pay is usually based on the wage an employee is earned for their particular job. In Indiana, the minimum wage is $7.25 an hour. This means that any employee who works within the state must earn at least $7.25 an hour for the hours they work. Overtime pay is any wages earned above and beyond the 40-hour work week. In Indiana, overtime pay is 1.5 times the wage that the employee earns for their regular hours. For example, if an employee earns $7.25 an hour for regular pay, then their overtime pay would be $10.88 an hour. In addition to overtime pay being 1.5 times the employee’s wage, Indiana also has different rules for overtime pay for certain industries. For example, employees in the retail industry are required to earn 1.5 times their regular wage for any hours worked that are over 9 hours in a day or 48 hours in a week. Overall, regular pay is the amount of money that an employee earns for their time and overtime pay is an additional amount of money that they get paid for working more than 40 hours in a given week. It is important to know the differences between these two terms so that you can make sure you are getting paid correctly for your work.

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What are the differences between regular pay and overtime pay?

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