Most employees must be paid one and one-half times their regular hourly rate for all hours worked in excess of 40 hours in a given work week. State law does not require overtime after eight hours in a day. Some employees are exempt from overtime, such as executives, professionals, and some seasonal workers.
Origin: the ABA established ABA numbers in 1910 when each bank was assigned its own unique number. Today ABA numbers are often referred to as RTN or Routing Transit Numbers. Most people outside the banking industry refer to them simply as the bank routing numbers.
The second-half â44545â is the unique code that has been assigned to the bank. The denominator â5794â refers to the Federal Bank that is in collaboration with this financial institution and serves it. Another code that is present on the check is the ABA Routing Number, also known as the Routing Transit Number (RTN). This is a nine-digit code that is located on the bottom left hand corner of the check and will be preceded and followed by the â|:â transit character.