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The document is an Overtime Approval Request Form used by employees to request approval for overtime hours. It includes sections for employee details, the number of overtime hours requested, dates, estimated costs, and justifications for the request. The form requires signatures from the employee's supervisor and higher-level management before submission to Human Resources.

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What is the formula for overtime?

Overtime pay is calculated: Hourly pay rate x 1.5 x overtime hours worked. Here is an example of total pay for an employee who worked 42 hours in a workweek: Regular pay rate x 40 hours = Regular pay, plus. Regular pay rate x 1.5 x 2 hours = Overtime pay, equals.

What is the purpose of the overtime form?

An overtime request is a document that an employee writes in order to request approval for working overtime hours and receive overtime pay for those additional hours. Typically, the employee submits the document to their manager, who then approves or rejects the request.

How do I ask my employer for overtime?

Briefly explain the reason for the overtime request so they understand the context. Acknowledge that it may require flexibility on your part and express willingness to discuss scheduling. Close politely and offer to discuss further if needed. The tone should be respectful, appreciative, and flexible.

Is overtime on w2?

Your W-2 wages may include overtime pay or back pay you received during the calendar year. Your W-2 wages may be reduced by unpaid leave, a reduced work schedule or by pre-tax payments for items such as: Health insurance premiums. Deferred Compensation.

How do you write an overtime request?

Overtime Request Procedure Name of employee. Approximate number of hours overtime (OT) to be worked. Date(s) during which hours are to be worked. Description of work to be performed during OT. Project and Task numbers the OT will be charged to.