What are the rules for paying overtime for salaried employees?

In Virginia, salaried employees must be paid overtime if they work more than 40 hours during a single work week. Salaried employees who work overtime are entitled to receive one and one-half times their regular rate of pay for each hour of overtime worked. Additionally, employers must pay double the regular rate for any hours worked on a Sunday or holiday. Under the Virginia Wage Payment Act, employers must pay overtime pay to salaried employees regardless of the size of the employer or the type of business. Salaried employees who are exempt from overtime pay must meet certain criteria. These criteria include a high guaranteed salary and a job that requires specialized skills and independent judgment. If salaried employees are expected to work more than 40 hours in any given work week, employers must pay overtime for all hours worked after 40. This includes salaried employees who are exempt from overtime pay, as they are still entitled to receive one and one-half times their regular rate of pay for any hours worked in that week over 40. Employers must keep accurate records of all hours worked by salaried employees and the regular rate of pay for any overtime worked. This helps ensure that salaried employees are receiving the appropriate overtime pay. It is also important for employers to review the Virginia Wage Payment Act to ensure compliance with the law.

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What are the rules for paying overtime for salaried employees?

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