Overtime Pay
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Additional compensation paid to employees for hours worked beyond the standard workweek, typically calculated at 1.5× to 2× the regular hourly rate.
## Overtime Pay
Overtime pay compensates employees for working beyond the legally defined standard workweek. Regulations vary widely by country, but the core principle is that extra hours deserve premium pay.
### How It's Calculated
```
Overtime Pay = Overtime Hours × Regular Hourly Rate × Overtime Multiplier
```
### Regional Rules
| Country | Standard Week | OT Multiplier |
|---------|--------------|----------------|
| US (FLSA) | 40 hours | 1.5× |
| UK | 48 hours (opt-out possible) | No statutory premium |
| Japan | 40 hours | 1.25× (1.5× over 60 hrs/month) |
| France | 35 hours | 1.25× first 8 hrs, 1.5× after |
| South Korea | 40 hours | 1.5× |
### Exempt vs. Non-Exempt (US)
In the US, salaried employees earning above $43,888/year (2024 threshold) and performing executive, administrative, or professional duties are typically exempt from overtime. Non-exempt employees must receive overtime regardless of how they are paid.