Uncompensated Overtime Policy
Uncompensated Overtime Policy
This Uncompensated Overtime Policy Template includes all the content required for compliance with Federal Acquisition Regulations (FAR) 9.104-1(e), FAR 52.237-10, and FAR 37.115. It addresses the Fair Labor Standards Act (FLSA) requirement that overtime be paid to hourly employees when they work more than 40 hours in a week and how Exempt employees are compensated through "comp time." The document includes full narrative in the following sections:
1. INTRODUCTION
2. PURPOSE OF THE POLICY
3. POLICY DESCRIPTION
3.1. Regulatory Compliance
3.2. Definition of Overtime
3.3. Calculating Uncompensated Overtime
3.4. Time Reporting
3.5. Overtime Approval
3.6. Mandatory Overtime
4. POLICY VIOLATIONS
4.1. Consequences of Overuse of Overtime
4.2. Consequences of Unauthorized Overtime
Unedited Length: 2 pages