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Content Last Revised: 1/23/81
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CFR  

Code of Federal Regulations Pertaining to ESA

Title 29  

Labor

 

Chapter V  

Wage and Hour Division, Department of Labor

 

 

Part 778  

Overtime Compensation

 

 

 

Subpart E  

Exceptions From the Regular Rate Principles


29 CFR 778.411 - Sixty-hour limit on pay guaranteed by contract.

  • Section Number: 778.411
  • Section Name: Sixty-hour limit on pay guaranteed by contract.

    The amount of weekly pay guaranteed may not exceed compensation due 
at the specified regular rate for the applicable maximum hours standard 
and at the specified overtime rate for the additional hours, not to 
exceed a total of 60 hours. Thus, if the maximum
hours standard is 40 hours and the specified regular rate is $5 an hour 
the weekly guaranty cannot be greater than $350. This does not mean that 
an employee employed pursuant to a guaranteed pay contract under this 
section may not work more than 60 hours in any week; it means merely 
that pay in an amount sufficient to compensate for a greater number of 
hours cannot be covered by the guaranteeed pay. If he works in excess of 
60 hours he must be paid, for each hour worked in excess of 60, overtime 
compensation as provided in the contract, in addition to the guaranteed 
amount.
[46 FR 7317, Jan. 23, 1981]
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