If an employee works overtime, how is the overtime premium calculated based on usual hourly wage?

The overtime premium is calculated as 1.5 times the regular hourly wage for any hours worked beyond the standard hours, typically 40 hours per week in many jurisdictions, including Georgia. This practice is established under the Fair Labor Standards Act (FLSA) and is designed to compensate employees for the increased demands placed on them when they work extra hours. Thus, if an employee's regular hourly wage is, for example, $20, their overtime pay would be calculated at $30 per hour (1.5 times $20) for any overtime worked. This approach helps to encourage fair compensation and promote work-life balance while ensuring that employees are adequately rewarded for additional work.