Use this template to outline your company overtime policy, explaining how you'll compensate employees for hours worked beyond their standard schedule.
Our company overtime policy explains how we’ll compensate employees for hours worked beyond their standard schedule. We want to:
Ensure employees will be consistently and correctly compensated for the time they put into their job duties.
Minimize incidents of overtime abuse, loss of productivity, health and safety risks, and other issues.
[Your company]'s overtime policy won’t contradict any legal guidelines. We’ll follow relevant legislation when assigning or compensating overtime hours.
This policy applies to all our current eligible employees.
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