[Code of Federal Regulations]
[Title 29, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR548.1]

[Page 250-251]
 
                             TITLE 29--LABOR
 
         CHAPTER V--WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR
 
PART 548_AUTHORIZATION OF ESTABLISHED BASIC RATES FOR COMPUTING OVERTIME 
PAY--Table of Contents
 
                      Subpart A_General Regulations
 
Sec. 548.1  Scope and effect of regulations.




                      Subpart A_General Regulations

Sec.
548.1 Scope and effect of regulations.
548.2 General conditions.
548.3 Authorized basic rates.
548.4 Application for authorization of a ``basic rate.''
548.5 Petition for amendment.

                        Subpart B_Interpretations

                              Introduction

548.100 Introductory statement.

                      Requirements for a Basic Rate

548.200 Requirements.

                         Authorized Basic Rates

548.300 Introductory statement.
548.301 Salaried employees.
548.302 Average earnings for period other than a workweek.
548.303 Average earnings for each type of work.
548.304 Excluding value of lunches furnished.
548.305 Excluding certain additions to wages.
548.306 Average earnings for year or quarter year preceding the current 
          quarter.

                     Rates Authorized on Application

548.400 Procedures.
548.401 Agreement or understanding.
548.402 Applicable overtime provisions.
548.403 Description of method of calculation.
548.404 Kinds of jobs or employees.
548.405 Representative period.

                       Computation of Overtime Pay

548.500 Methods of computation.
548.501 Overtime hours based on nonstatutory standards.
548.502 Other payments.


[[Page 251]]


    Authority: Sec. 7, 52 Stat. 1063, as amended; 29 U.S.C. 207, unless 
otherwise noted.


    Source: 20 FR 5679, Aug. 6, 1955, unless otherwise noted.


    The regulations in this part set forth the requirements for 
authorization of established basic rates to be used in the computation 
of overtime pay in accordance with section 7(g)(3) of the Fair Labor 
Standards Act of 1938, as amended. Payment of overtime compensation in 
accordance with other subsections of section 7 of the Act is explained 
in part 778 of this title (Interpretative Bulletin on Overtime 
Compensation).