What Is Overtime Pay?
Overtime pay refers to the labor remuneration obtained by workers who continue to produce labor or work outside the prescribed working hours according to the production and work needs of the employer. Workers must work overtime, extend working hours, increase the amount of extra labor, and should be paid reasonably.
- Overtime pay means that workers are required to work in accordance with the employer's production and work requirements.
- according to
- "People's Republic of China Labor Law"
- Article 40 Employers shall arrange workers to take vacations during the following holidays:
- (1) New Year's Day; (2) Spring Festival; (3)
- On February 20, 2012,
- Labor law overtime pay provisions
- Article 31 Employers shall strictly implement labor quota standards and shall not force or disguise workers to work overtime. Where an employer arranges overtime work, it shall pay overtime pay to workers in accordance with relevant state regulations.
The overtime pay calculation method stipulated by the state is usually 150% of my salary, 200% on weekends and 300% on national holidays. But this is only a nationally prescribed ratio. The key to the amount of overtime pay is the wage base.
- Calculation method
- How to determine the base of overtime pay? The responsible comrade of the Ministry of Human Resources and Social Affairs said that if there is an agreement on wages in the labor contract, the corresponding position of the employee should be no less than
- The wage base is determined according to the wage standard of the worker as agreed in the labor contract;
- Second, if there is no agreement in the labor contract,
- In March 2009, the Tianjin Labor and Social Security Department announced that from 2009 onwards, comprehensive calculation of working hours and
- Mid-autumn National Day holiday in 2010
- Date of reporting: Department:
- date
- Name
- Work content and location
- Actual overtime
- Overtime pay
- Meal fee
- month
- day
- From
- stop
- Hours
- total
- General manager accounting review applicant
- Cashier [4]
- Labor is glorious, but the legitimate rights and interests of workers on leave should be protected. Overtime pay is an orderly supplement to the legitimate rights and interests of workers. Under the situation that the implementation of overtime pay policy is becoming less and less optimistic, as the representative of the country to implement the Labor Law, labor and social security departments should take the initiative to actively show their swords and organize working groups to carry out the implementation of the national day overtime policy by units and enterprises An unannounced visit and inspection were conducted, and those units or enterprises that were discounted when they failed to implement the policies or implemented the policies shall be severely punished in accordance with relevant regulations. The in-depth implementation of the "Labor Law" to make overtime pay a rigid system is not only a manifestation of governing the country according to law, but also an indispensable measure for the labor market to enter a healthy track.
- According to Article 13 of the Implementing Regulations of the Personal Income Tax Law, the subsidies and allowances issued in accordance with the unified provisions of the State as mentioned in Article 4, Item 3 of the Personal Income Tax Law refer to the special government allowances issued in accordance with the provisions of the State Council , Allowances for academicians, allowances for senior academicians, and other allowances and allowances exempted from personal income tax by the State Council. Therefore, overtime wages do not belong to the subsidies and allowances issued by the unified state regulations, and should be incorporated into wage income and taxed according to law.