Statutory Overtime definition
Statutory Overtime. Overtime that is required by FLSA. Currently, for the non- sworn, non-exempt employee it is all hours worked in excess of 40 in a regular 7-day work period. For the sworn, non-exempt employee, it is all hours worked in excess of 86 in a regular 14-day work period.
Examples of Statutory Overtime in a sentence
Article Vacation Pay and Statutory Overtime at the rate of double (2) shall be paid to all employees for all work on the followingholidays: New Year's Day DominionDay ThanksgivingDay Good Friday Civic Holiday Christmas Day Victoria Day Labour Day Boxing Day It agreed that all new statutory holidays will be recognized as a holiday hereinunder, and when it is proclaimed such by the Canadian Federal Government.