[Code of Federal Regulations]
[Title 29, Volume 3]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR778.116]

[Page 366]
 
                             TITLE 29--LABOR
 
         CHAPTER V--WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR
 
PART 778_OVERTIME COMPENSATION--Table of Contents
 
                 Subpart B_The Overtime Pay Requirements
 
Sec. 778.116  Payments other than cash.

    Where payments are made to employees in the form of goods or 
facilities which are regarded as part of wages, the reasonable cost to 
the employer or the fair value of such goods or of furnishing such 
facilities must be included in the regular rate. (See part 531 of this 
chapter for a discussion as to the inclusion of goods and facilities in 
wages and the method of determining reasonable cost.) Where, for 
example, an employer furnishes lodging to his employees in addition to 
cash wages the reasonable cost or the fair value of the lodging (per 
week) must be added to the cash wages before the regular rate is 
determined.

[46 FR 7310, Jan. 23, 1981]