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.
What is a Routing Transit Number? This is the number on the bottom left-hand corner of your check. It indicates to other banks where this check needs to be presented for payment by the bank. Why is the bank changing my Routing Transit Number? In the past few years, SunTrust has acquired and consolidated several institutions. Banks are limited to the number of Routing Transit Numbers assigned to their institution and must retire old numbers upon completion of mergers and consolidations.