Madison's hourly overtime rate would be $18.3.
The number of hours a worker works in excess of what is required for a typical workweek is calculated as their overtime rate. Depending on how overtime is defined by local labour laws, this rate may signify different things in various nations and jurisdictions.
The FLSA specifies that the formula for determining overtime pay is the nonexempt employee's usual rate of pay multiplied by 1.5 times the number of overtime hours worked. In states with rules like double time, which are more advantageous to the employee, this computation might be different.
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