What is Double-Time Pay? | Meaning & Definition | Akrivia HCM

Double-time pay is a salary increase in which an employee receives 150% of their hourly pay for any hours worked that week. This pay is given to employees who work more than the standard 40 hours a week, typical for the job title. Some work schedules state, in the contract, that the employee will receive double time for any hours over 40 they work during that week.

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