But many do not receive any overtime premium even when they work more than 40 hours a week.

But that is still well below the overtime premium.

Studies show that most employees who qualify for overtime premiums still want the extra hours.

You can insist that part-time workers work the normal full-time hours at basic rates before being entitled to an overtime premium.

"The main impact of the change will come from the fact that hours above the legal limit are paid presently at a 25 percent overtime premium.

When seeking to determine her economic losses, Mr. Greenberg learned that she sometimes worked 70 or more hours a week without receiving any overtime premium.

He also complained that the 74 percent overtime premium was something he "inherited" in the contract approved by the previous administration, controlled by Republicans.

A similar interpretation applies to the Fair Labor Standards Act, which requires employers to pay overtime premiums for all hours worked in excess of 40.

More realistic accounts of the budget constraint allow for a level of unearned income Y u and the presence of an overtime premium on the basic wage rate when the standard work week is exceeded.

He said the settlement was one of the largest ever reached by the department under the Fair Labor Standards Act, which requires employers to pay an overtime premium to employees who work more than 40 hours a week, except for some salaried employees like top managers.

For example, if labour is in short supply this constraint could be relieved by the firm offering overtime to its present workforce; if the internal opportunity cost of labour is £5 the firm could offer an overtime premium up to this amount and by doing so generate a positive contribution.