Overtime calculations | Practical Law
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Overtime calculations
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Overtime calculations
Practical Law UK Legal Update 1-101-2431
(Approx. 2 pages)
Overtime calculations
by NATING GROUP
Related Content
Published on 17 Jul 2000
•
USA
The
President is expected to sign into law the Worker Opportunity Act
(
S .2323
) (
see "Employee overtime", EC, V (5),
87
). The Act excludes, for the purposes of overtime pay
computations, any compensation derived from grants or rights
relating to stock options, an employee stock purchase plan and
stock appreciation rights. The Act does not exempt other forms of
equity compensation, such as restricted stock or phantom stock,
from overtime calculations.
Source: The text of the final version of S.2323 may be
viewed at http://thomas.loc.gov/cgi-bin/query/D?
c106:2:./temp/~c106ZfFhDQ:
Epstein Becker & Green