Overtime waiver for executives
Executive status rhymes with higher pay, extra vacation time, bonuses and increased responsibility. Who is an executive and how much of a time commitment does he or she have?
Executives have increased responsibilities and are expected to provide leadership to other employees. The executive is expected to do more work and invest more time than an ordinary worker.
This article develops the following themes:
- the concept of executive
- high managerial position
- overtime and supplementary work
- compensation for overtime
- waiver of overtime compensation
- right to overtime compensation