Want FREE Templates on Organization, Change, & Culture? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.

SOP Overtime Permit (Examples & Templates)   4-page Word document
$20.00

SOP Overtime Permit (Examples & Templates) (4-page Word document) Preview Image SOP Overtime Permit (Examples & Templates) (4-page Word document) Preview Image SOP Overtime Permit (Examples & Templates) (4-page Word document) Preview Image
Arrow   Unlock all preview images:   Login Register

SOP Overtime Permit (Examples & Templates) (Word DOCX)

File Type: 4-page Word document

$20.00

Add to Cart
  


BUY WITH CONFIDENCE

Immediate digital download upon purchase.
Lifetime document updates included with purchase.
Fully editable & customizable DOCX document.
Trusted by over 10,000+ organizations.

BENEFITS OF DOCUMENT

  1. Provides a Policy & Procedures of Overtime Permit
  2. Provides a Flowchart of Overtime Permit
  3. Provides of Overtime Permit Application Form

DESCRIPTION

This product (SOP Overtime Permit [Examples & Templates]) is a 4-page Word document, which you can download immediately upon purchase.

SOP Overtime Permit (Examples & Templates)

Contents :
1. Policy of Overtime Permit
2. Procedures of Overtime Permit
3. Flowchart of Overtime Permit
4. Overtime Permit Application Form

The purpose of this procedure is to explain the process of permitting employees to work overtime; procedures are followed to ensure that overtime permits are used appropriately, productively, and in accordance with the company's best financial interests.

Overtime is hours worked in excess of normal working hours. The concept is typically used in regard to the overtime premium associated with these excess working hours, which is usually set at 1.5x the normal hourly pay rate. Normal working hours are defined based on federal, state, or local rules but are typically eight hours per day for a five-day work week, or as 40 hours worked over the course of a week. Working hours may also be defined within a union contract. The basic provisions of overtime pay at the federal level are stated in the Fair Labor Standards Act.

Overtime is the amount of time someone works beyond normal working hours. The term is also used for the pay received for this time. Normal hours may be determined in several ways:

by custom (what is considered healthy or reasonable by society),
by practices of a given trade or profession,
by legislation,
by agreement between employers and workers or their representatives.

Most national countries have overtime labour laws designed to dissuade or prevent employers from forcing their employees to work excessively long hours (such as the situation in the textile mills in the 1920s). These laws may take into account other considerations than humanitarian concerns, such as preserving the health of workers so that they may continue to be productive, or increasing the overall level of employment in the economy. One common approach to regulating overtime is to require employers to pay workers at a higher hourly rate for overtime work. Companies may choose to pay workers higher overtime pay even if not obliged to do so by law, particularly if they believe that they face a backward bending supply curve of labour.

Overtime pay rates can cause workers to work longer hours than they would at a flat hourly rate. Overtime laws, attitudes toward overtime and hours of work vary greatly from country to country and between various sectors.

Regards,

UJ Consulting

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Human Resources Word: SOP Overtime Permit (Examples & Templates) Word (DOCX) Document, UJ Consulting


$20.00

Add to Cart
  

OVERVIEW

File Type: Word docx (DOCX)
File Size: 221.8 KB
Number of Pages: 4

ABOUT THE AUTHOR

Author: UJ Consulting
Additional documents from author: 179

UJ Consulting

Untung Juanto ST. , MM. Founder of UJ Consulting. He is professionally experienced business and management consultant in several local and multinational companies. [read more]

Ask the Author a Question

Must be logged in

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Bundle and save! You can save up to % with bundles!

View bundle(s)




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials




Save with Bundles

This document is available as part of the following discounted bundle(s):

Save %!
Complete SOP Compensation and Benefit Management (CBM)

This bundle contains 5 total documents. See all the documents to the right.

$49.00


Add Bundle & Save

Save %!
Complete SOP Industrial Relation (IR)

This bundle contains 9 total documents. See all the documents to the right.

$89.00


Add Bundle & Save

Save %!
Complete SOP Human Resource Management (HRM)

This bundle contains 26 total documents. See all the documents to the right.

$149.00


Add Bundle & Save



Customers Also Like These Documents

Related Management Topics


Human Resources ITIL KPI Employee Management Maturity Model Digital Transformation Leadership

Download our FREE Organization, Change, & Culture, Templates

Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc.