This blog contains accounting and income tax tips to help answer questions businesses and individuals have about topics that affect most businesses and/or individuals.
Friday, March 4, 2011
Spring Fever
Hard to believe for those of us in cold climates, but winter is almost over and the clocks are going to be set ahead one hour in many parts of the country on Sunday, March 13 at 2:00 a.m. Hourly workers who are on the job when the time change occurs will lose an hour of pay. They may also lose overtime pay if the loss of the hour prevents them from going above the 40-hour mark during the week. Employers that choose to pay their workers for the full eight-hour shift do not need to include the additional hour's pay in the calculation of the employee's regular rate of pay for overtime purposes. However, the employer may not credit the extra hour's pay toward overtime since it is not compensation for time worked. Daylight saving time is not observed in Arizona (with the exception of the Navajo Nation), Hawaii, Puerto Rico, the Virgin Islands, American Samoa, and Guam.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment