What is the overtime pay rate if the regular earning rate is $125.50 per hour?

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The overtime pay rate is commonly set at 1.5 times the regular earning rate, which is a standard practice under the Fair Labor Standards Act (FLSA) in the United States. When an employee works more than 40 hours in a workweek, they are entitled to receive overtime pay for those additional hours to compensate for the extra time and effort put in beyond the normal working hours.

In this scenario, with a regular earning rate of $125.50 per hour, the calculation for the overtime pay would be as follows:

Overtime Pay Rate = Regular Rate × 1.5 Overtime Pay Rate = $125.50 × 1.5 Overtime Pay Rate = $188.25

Thus, the overtime pay is calculated as being one and a half times the regular hourly rate. This practice helps ensure that employees are fairly compensated for their time when they are required to work beyond their standard hours.

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