Overtime Archives - Patriot Software Tue, 18 Oct 2022 19:36:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Overtime Archives - Patriot Software 32 32 Overtime Pay Laws Every Business Owner Needs to Know https://www.patriotsoftware.com/blog/payroll/overtime-as-defined-by-the-flsa/ Mon, 17 Oct 2022 19:38:27 +0000 https://pslohio.wpengine.com/uncategorized/overtime-as-defined-by-the-flsa/ alt=""Do you have employees at your business? If so, you need to be aware of overtime pay laws and how they can affect your business. The Fair Labor Standards Act (FLSA) established overtime pay rules, along with minimum wage, child labor laws, recordkeeping, and more. Take a look at the overtime pay laws you need […]]]> Is Overtime Taxed Differently Than Regular Wages? https://www.patriotsoftware.com/blog/payroll/is-overtime-taxed-differently/ Fri, 14 Oct 2022 17:47:00 +0000 https://pslohio.wpengine.com/uncategorized/is-overtime-taxed-differently/ alt=""If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours. In each pay period, you need to track employee time worked. Then, at the end of the pay period, you will calculate employee compensation. You will also have to withhold employment taxes. As you are doing payroll calculations […]]]> Calculating Weighted Overtime for an Employee With Multiple Pay Rates https://www.patriotsoftware.com/blog/payroll/weighted-overtime-multiple-pay-rates/ Thu, 13 Oct 2022 17:54:37 +0000 https://pslohio.wpengine.com/uncategorized/weighted-overtime-multiple-pay-rates/ alt=""Do you have an employee who has two or more positions in your business with different pay rates? Does that employee work overtime? If the answers to these questions are yes, you need to know about weighted overtime. Weighted overtime is common in small businesses that pay multiple pay rates to an employee. Learn what […]]]>