As a general rule, nonexempt employees are owed one and one-half times their regular rate of pay for all hours worked beyond 40 in a workweek.
There are many variations on this basic formula, such as the fluctuating workweek method, basic rate of pay by agreement, Belo plans and alternative work periods.
When determining the regular rate of pay, all forms of remuneration must be included except certain payments such as gifts; holiday, vacation or sick pay; expense reimbursements; and discretionary bonuses.