What are the differences between regular pay and overtime pay?
Regular pay is the rate of pay an employee earns for work done on a regular basis and is paid in the normal pay period. Overtime pay is the amount of money an employee earns when they work more than the normal 40 hours a week. In Mississippi, employers must pay all full-time employees and part-time employees a minimum wage of $7.25 per hour. For any hours worked over 40 hours in a workweek, employers must pay at least 1.5 times the employee’s regular rate of pay. This is called “time-and-a-half” pay, and is required by the Federal Fair Labor Standards Act (FLSA). Employers must also pay double the regular rate of pay for hours worked over 12 in a workday, or hours worked more than 8 on the seventh consecutive day of a workweek. This is called “double time”. Employers must also pay overtime for hours worked on some holidays and Sundays, depending on the employer’s pay policy. For example, an employer might pay double the regular rate for hours worked on a Sunday. Employers must keep records of the hours worked by all employees and the overtime pay earned in a given pay period. The employer must also keep records of the employees’ regular rate of pay. Employers must also pay overtime pay no later than the next regularly scheduled payday. Mississippi employers must also comply with any other state and local minimum wage and overtime laws. Failing to comply with wage and hour law can result in penalties or fines, or even possible criminal proceedings.
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