Employees shall be compensated at the straight-time rate for hours of overtime not exceeding 40 hours of actual work in a workweek, and shall be compensated at the premium rate of 1-1/2 times the regular rate of pay (see Definitions) for hours worked which exceed 40 hours of actual work in a workweek, not simply hours on pay status in a workweek.
view profile. Peggy MacePRO. President and Senior Agent, Outlook Life, Most of the U.S. A Prospective Payment System (PPS) is a method of reimbursement to Medicare providers that is intended to motivate them to provide patient care efficiently and effectively without spending on unnecessary services.
An offering memorandum, also known as a private placement memorandum (PPM), is used by business owners of privately held companies to attract a specific group of outside investors. For these select investors, an offering memorandum is a way for them to understand the investment vehicle.