Glossary
Overtime & Time-and-a-Half Pay Glossary: 22 Key Terms Defined
Definitions for 22 essential overtime and time-and-a-half pay terms across rates, premiums, pay types, compliance and payroll formulas. Compiled by WorkEasy Software.
This glossary defines 22 essential terms in overtime and time-and-a-half pay calculations, organized into five sections: foundational rate concepts, pay type distinctions, compliance and eligibility constructs, calculation mechanics and payroll-automation terms. Each entry is a self-contained definition with related-term links. Compiled by EasyClocking by WorkEasy Software as the vocabulary reference for payroll administrators, HR managers and operations leads eliminating manual overtime reconciliation.
Foundational Rate Concepts
These core rate terms form the base every other overtime calculation in the territory depends on. Without a clear understanding of regular rate, overtime rate and the 1.5× multiplier, no downstream formula produces correct results.