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FedEx Discussions
Day rate drivers or exempt employee OVERTIME
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<blockquote data-quote="STFXG" data-source="post: 3870141" data-attributes="member: 41750"><p>This is incorrect. Any regular bonuses or piece rate has to be added in to calculate total compensation with OT. </p><p>Example:</p><p>$8 per hour</p><p>$1 per stop over 120 stops</p><p>125 stops per day</p><p>45 hours worked</p><p>$10 bonus to load truck daily</p><p>5 days worked</p><p>$8*45=360</p><p>360+25(extra stops)+50(loading bonus)=435</p><p>435/45=9.67 effective hourly rate</p><p>9.67/2=$4.83 OT rate</p><p>4.83*5=$24.17 OT pay</p><p>435+24.17=$459.17 Total pay</p></blockquote><p></p>
[QUOTE="STFXG, post: 3870141, member: 41750"] This is incorrect. Any regular bonuses or piece rate has to be added in to calculate total compensation with OT. Example: $8 per hour $1 per stop over 120 stops 125 stops per day 45 hours worked $10 bonus to load truck daily 5 days worked $8*45=360 360+25(extra stops)+50(loading bonus)=435 435/45=9.67 effective hourly rate 9.67/2=$4.83 OT rate 4.83*5=$24.17 OT pay 435+24.17=$459.17 Total pay [/QUOTE]
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