According to CR, both cars added less than a second in the 0 to 60 mph time. The Jetta saw fuel economy drop from 53 to 50 mpg, and the Sportwagen went from 50 to 46 mpg. Fortunately for owners, those arenât dramatic changes.
The overtime premium is 50% of the employee's usual hourly wage. This means an employee who works overtime must be paid time and a half -- the employee's usual hourly wage plus the 50% overtime premium -- for every overtime hour worked.
: Section 3(m) of the FLSA permits an employer to take a tip credit toward its minimum wage obligation for tipped employees equal to the difference between the required cash wage (which must be at least $2.13) and the federal minimum wage. : Where the employer takes the tip credit, overtime is calculated on the full minimum wage, not the lower direct (or cash) wage payment. 2  Where overtime is not paid based on the regular rate including all service charges, commissions, bonuses, and other remuneration.