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.
Routing transit numbers. A routing transit number also known as RTN is a 9 digit bank code, which is used in the United States. Routing number can be found on the bottom of checks identifying the financial institution on which it was drawn.This code was developed to facilitate the sorting and shipment of paper checks back to the payor's (check-writer's) account.he Federal Reserve Banks FedACH Services ensure an effective, inexpensive batch payment service, which allows the electronic exchange of debit and credit transactions among business and consumer accounts at depository financial institutions.