With respect to each employee compensated for overtime work in
accordance with section 7(g)(1) or 7(f)(2) of the Act, employers shall
maintain and preserve records containing all the information and data
required by Sec. 516.2(a) except paragraphs (a) (6) and (9) and, in
addition, the following:
(a)(1) Each hourly or piece rate at which the employee is employed,
(2) basis on which wages are paid, and (3) the amount and nature of each
payment which, pursuant to section 7(e) of the Act, is excluded from the
``regular rate,''
(b) The number of overtime hours worked in the workweek at each
applicable hourly rate or the number of units of work performed in the
work-week at each applicable piece rate during the overtime hours,
(c) Total weekly overtime compensation at each applicable rate which
is over and above all straight-time earnings or wages earned during
overtime worked,
(d) The date of the agreement or understanding to use this method of
compensation and the period covered. If the employee is part of a
workforce or employed in or by an establishment all of whose workers
have agreed to use this method of compensation a single notation of the
date of the agreement or understanding and the period covered will
suffice.
