What are the differences between regular pay and overtime pay?

In Virginia, the wage and hour law requires employers to pay employees either regular pay or overtime pay - depending on their hours worked. Regular pay is the hourly rate an employee earns for their work and is typically calculated based on an employee’s standard work week - 40 hours. Any hours worked over 40 hours in one work week must be paid as overtime wages. Overtime pay is calculated at a rate of 1.5 times an employee’s regular rate of pay. For example, if an employee’s regular hourly rate of pay is $10, the overtime rate of pay should be $15. In addition, the Virginia wage and hour law requires that employers pay employees for any hours worked for eligible work - such as training or travel time. However, it also provides exemptions for certain types of employees, such as volunteers and independent contractors, under which they would not be eligible for either regular pay or overtime pay. In summary, the main difference between regular pay and overtime pay is that regular pay is paid at an employee’s regular hourly rate, while overtime pay is paid at a rate of 1.5 times the regular rate. Additionally, only certain employees are eligible for overtime pay, while all employees may be eligible for regular pay.

Related FAQs

Are there any exceptions to the minimum wage law?
What is the Family and Medical Leave Act (FMLA)?
What are the requirements for providing paid time off?
What type of records must employers provide regarding wages earned?
What is the federal law on overtime pay?
What are the laws governing wages and tips for tipped employees?
Are public employers subject to the same wage and hour laws as private employers?
What are the requirements for shift differentials?
Are employers allowed to pay tipped and non-tipped employees different wages?
What is the difference between compensatory time and overtime pay?

Related Blog Posts

What is Wage and Hour Law and How Does it Affect Your Business? - July 31, 2023
What Employers Need to Know About Wage and Hour Law - August 7, 2023
The Basics of Payroll Law and Compliance - August 14, 2023
Compensating Your Employees - Tips for Wage and Hour Law Compliance - August 21, 2023
Understanding Overtime Rules Under Wage and Hour Law - August 28, 2023