Joined: 01 Feb 2008
Posts: 262
| Posted: Sun Aug 03, 2008 5:40 am Post subject: How is Overtime Figured? | |
| Just wondering how overtime is calculated? The rate that showed on my paycheck is much lower than my hourly rate but it isn't 1/2 of it either. Is Lowe's trying to screw me out of being paid correctly for hours over 40? | |
Joined: 23 Jan 2008
Posts: 70
Location: NY
| Posted: Sun Aug 03, 2008 11:35 am Post subject: | |
I started this topic a few months ago. Ignore the blatant disregard for staying on topic. 
http://www.retail-worker.com/forum/viewtopic.php?t=8493 |
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Joined: 04 Oct 2006
Posts: 47
| Posted: Sun Aug 03, 2008 4:29 pm Post subject: | |
| You should be getting time and a half for anything over 40 hrs. Sick or vacation time does not get figured into OT pay though. | |
Joined: 01 Feb 2008
Posts: 262
| Posted: Sun Aug 03, 2008 5:41 pm Post subject: | |
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I know how it is supposed to be figured but I am wondering why the ot pay rate is not 1/2 of my base pay. I'll use the $10/hour example that was used on the other thread.
Base pay $10/hour x 40 = $400 OT rate that I received was .68% not 50% so it would have been $6.80 per 1 hour. I'm not sure why I received a hokey amount but I just wanted to make certain that it wasn't some type of that Chinese OT that Lowe's was sued over in the past. |
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Joined: 04 Oct 2006
Posts: 47
| Posted: Sun Aug 03, 2008 11:10 pm Post subject: | |
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It should be figured at your hourly rate. Say that you make $10/hr, you should be getting $15/hr minus taxes for your OT rate. It is time and a half on your hourly rate. If you had any sick or vacation or holiday pay within that time then you lose the OT since that time does not get calculated in.
Contact your HR or labor department if you are being cheated out of your money. |
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Joined: 22 Jun 2008
Posts: 64
Location: Ohio
| Posted: Mon Aug 04, 2008 11:56 am Post subject: | |
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I get tons of overtime and its figured like this. Lets say I worked 120 hours in my two week pay period.
120 hours X $12 per hour 40 hours overtime X $6 per hour The total from both would be my pay. Its the same as saying 80 hours at $12 and 40 hours ovetime at $18 |
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Joined: 22 Dec 2007
Posts: 136
| Posted: Mon Aug 04, 2008 2:10 pm Post subject: | |
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OK this is kinda how I remember seeing it
Let's say someone is at 10/hr person worked 42 hours straight $400 OT $30 In my state it gets a bit complicated because any time worked on sundays and holidays is OT So let's say the same example was at 40 hours but eight on a sunday Straight time $400 Overtime $40...just $40? What they mean is the overtime is the overtime portion of the pay that is in the check. It's the difference. Technically speaking you can have more than 40 hours and not have ot... OT outside of state laws is ONLY if someone worked more than 40 hours. So if someone is say having a vacation day and they for some reason go over 32 hours...it's ok Under theory you could work 40 hours and have vacation 40 hours although it would cause some heads to turn |
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Joined: 16 Apr 2008
Posts: 7
| Posted: Tue Aug 05, 2008 3:19 am Post subject: | |||
God, if I hear or read that racist comment one more time... Why is it OK for Lowe's to go around saying that? We cant say "Black Friday" or we offend the blacks...we cant have any signage without Spanish on it or we offend Mexicans...we cant say anything that could construed as offensive to gays, but everyone can run around saying "Chinese Overtime" their heart's content... |
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Joined: 01 Feb 2008
Posts: 262
| Posted: Tue Aug 05, 2008 7:05 am Post subject: | |||||
I personally didn't mean to offend with that term. I don't know any other term since it was mentioned in the threads as Chinese OT. I am just trying to find out why my OT rate is .68% of my hourly wage. I just want to make certain that I'm not getting gypped. |
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Joined: 19 Oct 2003
Posts: 2625
| Posted: Tue Aug 05, 2008 10:16 pm Post subject: | |
| Then I don't want to hear about the "WHITE" sale in January that many retailers have. | |
Joined: 30 Jun 2008
Posts: 7
| Posted: Tue Aug 05, 2008 10:53 pm Post subject: | |
| Lowes actually asked a long time ago through an email that no one use terms like that to describe the overtime method. Not that anyone changed their ways or anything. | |