Time and a half definition

Time and a half refers to an increased rate of pay typically reserved for hours worked overtime or those that exceed the 40-hour work week.

Overtime pay policies vary between companies, time and a half being a common rate.

It simply means that in addition to the employee’s standard hourly rate, they will get paid an additional one half of that rate for each hour worked in the time and a half window.

Does that look Greek to you? Do you need help with your Product, Strategy or Business? I can help, lets talk!