Explains what Time Evaluation is, as well as given examples of typical overtime policies
What is Overtime?
Overtime is time worked above the employee's normal work-time or work-schedule agreement, and is often but not always paid out at a premium rate.
Salaried workers normally do not get overtime in most professional services industries - or not the more senior employees - however this policy is up to your company to decide. Salaried + exempt workers are generally exempt from overtime, with benefits such as healthcare, vacation and pension or 401K contributions.
Overtime rules are often based on collective bargaining agreements such as union agreements, employment contracts or grand-fathered employment terms arising from an acquisition.