View all text of Subjgrp 104 [§ 548.500 - § 548.502]
§ 548.500 - Methods of computation.
The methods of computing overtime pay on the basic rates for piece workers, hourly rated employees, and salaried employees are the same as the methods of computing overtime pay at the regular rate.
Example 1.Under an employment agreement the basic rate to be used in computing overtime compensation for a piece worker for hours of work in excess of 8 in each day is the employee's average hourly earnings for all work performed during that day. 2323 See § 548.302.
Example 2.An employee, who normally would come within the forty hour provision of section 7(a) of the Act, has a basic rate which is his monthly salary divided by the number of regular hours of work in the month. 2424 See § 548.301.