employeebenefits
- Lifestyle
Understanding Pay Stubs: What They Are and How to Read Them
Why Do You Need a Pay Stub? A pay stub is an essential document that provides you with detailed information about your earnings and deductions. You may need a pay stub for a variety of reasons, such as: Verification of Income: When applying for a loan, a credit card, or a rental property, you may need to provide proof of…
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Who is Exempt from Overtime Pay?
Understanding the Basics of Overtime Pay Overtime pay is an additional payment given to employees for the extra hours worked beyond their regular working hours. It is usually calculated as one and a half times their regular rate of pay, commonly referred to as “time and a half.” In the United States, the Fair Labor Standards Act (FLSA) establishes the…
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