Many employees are paid daily overtime pay or Saturday overtime pay
or overtime pay on a basis other than the statutory standard of overtime
pay required by section 7(a) of the Act. In these cases, the number of
hours for which an employee is paid at least one and one-half times an
established basic rate must equal or exceed the number of hours worked
in excess of the applicable number of hours established in section 7(a)
of the Act in the workweek. However, only overtime hours under the
employment agreement which also qualify as overtime hours under section
7(e) (5), (6), or (7) of the Act 25 may be offset against
the hours of work in excess of the applicable number of hours
established in section 7(a) of the Act.
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25 See Secs. 778.201 through 778.207 of this chapter.
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[26 FR 7732, Aug. 18, 1961]
