How Does Time and a Half Pay Work?

What is time and a half pay?

What pay did Rob receive when he worked a holiday and was paid time and a half?

Final answer:

Time and a half means that a worker is paid 1.5 times his usual hourly rate. If Rob's usual rate was $24, he'd earn $36 per hour during the holiday.

Explanation:

When Rob works on a holiday, he is paid at a rate referred to as time and a half. This means that for every hour he works, he is paid 1.5 times his normal hourly rate. For instance, if his standard wage was $24 an hour, under the time and a half system, he would earn $36 per hour for his holiday work. This encourages employees to work during times that are considered beyond the normal working hours, such as holidays. It's an efficient strategy for companies to ensure they have enough staff during such periods.

← Optimal disk organization strategy in a relational dbms Oceanside marine company direct materials cost variance calculation →