Word family (noun) timeovertimetimertimingtimelessness (adjective) timelesstimely ≠ untimely (verb) time (adverb) timelessly

Whenever I hear that overtime is approved at my day job, I either cringe a little bit, or roll my eyes while making sure no one else is looking my way.

It’s not that I don’t appreciate my job and option of being able to receive overtime pay (which is time and a half).

It’s just that deep down, I know my job requires a lot of mental energy, and I prefer not to spend more than 40 hours per week working there.

Why Overtime is Overrated

Depending on what your job is, the average person gets drained after working so many hours doing the same thing.

I feel like overtime is just an indiscreet way for employers to say: &#;Hey, you’re not working enough, so I’m going to pay you $X extra dollars per hour to spend more time here away from your loved ones so you can do more tasks which may cause your personal life to suffer, but who cares because you’re making a few extra bucks that will probably get eaten up by taxes anyway. Sound good?”

Almost every time, I pass on working overtime, but I do utilize other options to earn extra money. Relying on overtime isn’t sustainable because you never know when it will be available to you &#; your employer could just stop offering it.

If you’d rather stick to your regular schedule and avoid overworking yourself at your day job, here are 5 ways to earn extra money without overtime.

1. Ask For a Raise

Instead of trying to work extra hours, consider earning more for the same amount of work you are currently doing. That way, you will be less likely to get overwhelmed and burnt out by working so many hours.

If you have an annual review at your job or haven’t received a raise in while, bring up the conversation with your boss and see what their thoughts are.

Maybe there’s a promotion you can apply for or you can demonstrate all the benefits your work has brought the company since you’ve joined the team to help convince your employer.

Either way, securing a raise is much better than working tirelessly to earn more money, but the first step is to ask.

2. Utilize Your Bonus

If you receive an annual or quarterly bonus, you can also use that to your advantage. If you work diligently each week to meet your goals and obtain your bonus, you’ll have the extra money you desire without taking overtime.

My employer offers a bonus every month as long as our team reaches our goal. This means there’s no need for me to want to pick up extra hours because if I work diligently to reach my goals each month, I’ll always have extra money on my paycheck.

3. Get Involved in Direct Sales

Direct sales gets a bad reputation at times because some people confuse it with pyramid schemes.

On the contrary, you can make honest money (not millions) with legitimate direct sales companies like Avon, Mary Kay, Stella & Dot, the Pampered Chef, etc. if you simply hand out your catalogues to coworkers, friends, and family members who would be interested in the products you represent.

It’s not always consistent or predictable money, but it will help you earn extra money nonetheless and you&#;ll score free products. Plus, it’s a lot more interesting than working late into the evening at your day job.

4. Start a Side Hustle or Business

Instead of getting a second job, start working for yourself by marketing specific skills and services you have to others. You can tutor, give lessons, write content, design graphics, help with marketing and PR, take professional photos, run a photo booth at events, set up websites, do bookkeeping, or prepare taxes during your spare time.

The list literally goes on and on, and the best thing about side hustles is that you can determine when you want to work and how much money you earn.

By setting your own rates and booking your own work, you’ll have a lot more responsibility, but you’ll also have a lot more control over your income as well.

If you don’t have the time or desire, you don’t need to start a big legitimate side business, either. You can simply donate plasma on weekends, pet sit on nights when you’re available, or sell old items in your home online.

Side hustling helps provide a great creative outlet for most people and allows you to diversify your income so you aren’t relying on one single income source. Don&#;t forget to use a good online accounting software to keep things in order.

5. Get a Roommate

Depending on your situation and your living arrangements, getting a roommate or renting out part of your home will help you either save money or receive an extra source of income if someone is paying you rent.

If you have the space, having a roommate who is responsible and trustworthy is always a good financial move because you can split basic living expenses and utility bills to keep more money in your pocket.

If you have a guest room or basement, renting it out to a tenant can help you earn extra money to meet some of your financial goals without having to put too much work in.

Working full-time can make you pretty beat, so it’s nice to establish ways to bring in extra money that don’t require much of your time.

Value Your Time

The main thing I don’t like about overtime is that it eats away at your time. If you are trying to establish a healthy work-life balance, but need the extra money, it can be a tough call to make.

If you’re like me and you’d choose any of these options over picking up overtime, you’re not alone.

According to a study by Fidelity Investments, millennials would rather earn less or take a $7, pay cut to receive a better work-life balance.

I don’t doubt that other generations have similar views because time is something you can’t get back, so it’s important to ensure you earn enough working full-time so you don’t have to give up additional time that could be spent relaxing or pursuing other things.

Do you think the benefits of working overtime outweigh the costs or disadvantages? Would you utilize any of these options?

One of the questions employees frequently have is about how much they will be paid for overtime hours.

The answer is that it depends on what type of employee you are and what federal and state laws you are covered by. In addition, there are some employees who are exempt from overtime pay regulations who do not receive overtime pay.

Review information on which employees qualify for overtime pay, how much you can earn, and when overtime is paid.

What is Overtime Pay?

When an employee works additional hours, they may be entitled to extra pay beyond their regular pay rate for those hours. Employees covered by federal law are entitled to a rate not less than one and a half times their regular rates of pay for hours worked over 40 in a week. Some occupations are exempt from overtime pay requirements.

Some states have additional overtime pay requirements. For example, Alaska, California, Nevada, Puerto Rico and the Virgin Islands have daily overtime laws for employees who work over eight hours a day.

How Much You Will Get Paid for Overtime

Non-exempt hourly employees covered by the Fair Labor Standards Act (FLSA) must be paid overtime for hours worked over 40 hours per week.

Time and a Half

When an employee is entitled to overtime pay, the rate cannot be less than one and a half times (time and a half) an employee's regular rate of pay. For example, if your hourly rate of pay is $10/hour, the overtime rate is $15/hour.

Double-Time

In some cases, overtime may be paid as double-time (when working on a holiday, for example). However, in most cases, double-time is an agreement between an employer and employee or is provided for by state law. There are no federal laws requiring that double time be paid.

Federal Overtime Rules

From January 1, , the rules governing overtime pay for non-exempt workers are:

• The “standard salary level” to exempt executive, administrative, and professional employees from the FLSA minimum wage and overtime pay requirements is $ per week (equivalent to $35, per year for a full-year worker).
• The annual compensation requirement for exemption from overtime for “highly compensated employees” is $, per year.
• Employers will be able to use nondiscretionary bonuses and incentive payments (including commissions) paid at least annually to satisfy up to 10% of the standard salary level, in recognition of evolving pay practices.
• The employee's job responsibilities must involve executive, administrative, computer, outside sales, or professional duties.

State Overtime Pay Laws

State laws may provide for overtime or double time pay. For example, California requires time-and-a-half ordouble time pay based on hours worked, with some exceptions. For example, if you are paid double time and your regular hourly rate is $/hour, the double-time rate would be $/hour.

In addition, some states may have a higher overtime earnings threshold than the federal level.

Check your state department of labor website for information on overtime rules in your location.

How to Calculate Overtime Pay

Here's information on how overtime pay is calculated. When you want to see how much overtime pay you will earn, you can use this Overtime Calculator from the United States Department of Labor to help you determine if you're eligible for overtime pay and to calculate how much overtime you will receive for a typical pay period.

When You Work Nights, Weekends, or Holidays

The FLSA does not require overtime pay for nights, weekends, or holidays unless the hours push the worker over the hour threshold. Many employers have policies in place to add a differential to the wages of workers who work evenings, weekends, or holidays, but this is voluntary.

Pay for Mandatory Overtime

The Fair Labor Standards Act requires employers to pay time and a half to any non-exempt employees who work more than 40 hours in a week. Employers are not required to pay overtime to exempt employees.

Employees Who Don’t Receive Overtime Pay

Exempt employees are not entitled to overtime pay. A complex criterion exists in order to determine whether an employee should be classified as exempt.

Most organizations err on the side of classifying jobs as non-exempt if there is significant uncertainty about their status, to avoid lawsuits claiming back overtime pay after the fact. 

If you are asked to work what feels like too much overtime at your salary job, here are some options for handling it.

Workers Exempt from Overtime Pay

There are a variety of occupations where workers are exempt from overtime pay requirements, including the following.

• Aircraft salespeople 
• Airline employees 
• Amusement/recreational employees in national parks/forests/Wildlife Refuge System 
• Babysitters on a casual basis 
• Boat salespeople 
• Buyers of agricultural products 
• Commission sales employees
• Companions for the elderly 
• Computer professional
• Country elevator workers (rural) 
• Domestic employees who live in
• Drivers, driver's helpers, loaders, and mechanics
• Executive, administrative, professional, and outside sales employees
• Farmworkers 
• Farm implement salespeople
• Federal criminal investigators
• Firefighters working in small (fewer than five firefighters) public fire departments 
• Fishing
• Forestry employees of small (fewer than nine employees) firms
• Fruit & vegetable transportation employees 
• Homeworkers making wreaths
• Houseparents in non-profit educational institutions
• Livestock auction workers 
• Local delivery drivers and driver's helpers 
• Lumber operations employees of small (fewer than nine employees) firms
• Motion picture theater employees 
• Newspaper delivery 
• Newspaper employees of limited circulation newspapers 
• Police officers working in small (fewer than five officers) public police departments 
• Radio station employees in small markets
• Railroad employees 
• Salesmen, partsmen, and mechanics employed by automobile dealerships
• Seamen on American vessels
• Seamen on non-American vessels
• Seasonal and recreational workers
• Sugar processing employees
• Switchboard operators 
• Taxicab drivers 
• Television station employees in small markets 
• Truck and trailer salespeople

Can Employers Force You to Work Overtime

Employees often wonder if they have to say “yes” when they are asked to work overtime. What happens if you have other commitments or simply don’t want to work the extra hours? There are some exceptions, but you may not have the option to opt out.

There are no federal laws prohibiting employers from requesting mandatory overtime except for workers under 16 years old and a few safety-sensitive occupations. In general, if your employer asks you to work overtime, including extended shifts or weekend hours, you will be required to do so unless you are covered by a collective bargaining agreement or another employment contract that stipulates the overtime hours you are required to work.

Negotiating Overtime Work

Highly-valued employees may be able to negotiate arrangements with their employer to avoid working overtime. You might consider asking to discuss your situation with supervisors in a confidential setting and cite any legitimate concerns like eldercare or childcare responsibilities, or health concerns that make it difficult for you to work extra hours. Of course, co-workers may express some resentment toward you if an exception is made.

Limits on Overtime Work

There are some states that limit how many hours some employees can work. Consult your state department of labor to investigate any laws that might impact your occupation.

Federal regulations restrict the number of hours that can be worked in safety-sensitive occupations like pilots, nuclear power plant staff, certain railroad and marine personnel, and truckers, for example.

Some unions or individuals will negotiate collective bargaining agreements or employment contracts that prohibit employers from requiring overtime. Certain employers have enacted policies that place restrictions on the amount of overtime that is permissible. In those cases, workers can take up the issue with supervisors and/or human resources representatives and request clarification of the policy.

Other U.S. Employment Laws

To learn more about your rights and entitlements as a worker in the United States, review this list of U.S. employment laws. It includes important information about key mandates including laws governing comp time, fair pay, minimum wage, overtime pay, pay for snow days, unpaid wages, vacation pay, and wage garnishment.

The information contained in this article is not legal advice and is not a substitute for such advice. State and federal laws change frequently, and the information in this article may not reflect your own state’s laws or the most recent changes to the law. 

"Overtime" is a term saturated with negativity. People usually do it because they have to, not because they choose to—typically, as a result of projects swelling out of proportion or poor estimation. But overtime can also be an opportunity: something that people voluntarily commit to for additional compensation or greater schedule flexibility. So, should workplaces always guard against it? Can overtime ever be a positive option for employees, or should it always be see as the mark of an unstable and potentially exploitative workplace?

The problems with working overtime

Most people aren’t thrilled by the idea of overtime, and for very good reason. Working overtime comes with a whole host of problems, many of which are more overt than others. In the majority of contexts, overtime can be symptomatic of:

• An overstretched workforce: If you’re having to ask employees to put in extra hours, surely that’s a sign you simply don’t have enough resources to manage your workload?
• Poor project estimation or time management: Overtime suggests that you underestimated the time a project would need at the scoping stage, or that you didn’t allow employees enough time to focus on it in addition to their other work. Either way, it doesn’t look good!
• Unrealistic client expectations: Having to work overtime can also occur where clients aren’t aware of the time tasks take, aren’t clear that a brief has been finalized, or put pressure on you to compete projects in unworkable time spans. It can be a sign that you’re selling yourself short or not communicating project plans clearly.
• Communication breakdown: Overtime also indicates communication issues more widely. Needing more hands on deck suggests that no one is imposing proper working boundaries or setting realistic expectations – or if they are, they aren’t doing a good job of it.
• Toxic company culture: Many workplaces have a culture of staying late, beyond contractual working hours. It leads to the problem of presenteeism, where employees think they have to put in overtime – and be noticed doing so – if they want to succeed. A recent study found that the average American worked an extra 23 hours each month just to be more visible!

In all these cases, overtime is clearly a reflection of poor leadership. When it becomes a structural problem, it can breed employee resentment, distrust and ultimately disengagement – harming your company’s productivity in spite of the extra working hours put in.

The benefits of working overtime

That said, there are cases where overtime offers certain benefits for workers. These mainly relate to situations where overtime is optional, but even when it’s mandatory, robust compensation written into an employee’s contract can still turn it into a positive. It's important to consider that overtime can also:

• Give workers the opportunity to earn more: Extra hours can often mean getting paid time and a half, or sometimes even double pay. If you’re looking to make some extra cash quickly, overtime can be the easiest and most obvious solution.
• Take advantage of your individual productive flow: We all work in different ways; some of us do our best work in the mornings, but if you’re a night owl, you may not get into your flow until late afternoon. The ability to work overtime means you can capitalize on your natural workflow, which may not fit into working pattern… and make money in the process.
• Offer autonomy and flexibility: Allowing workers to take advantage of their natural productivity flows and manage their own working schedules offers them independence and autonomy. For those who offer employees time in lieu for overtime, it can be useful for fitting work around personal commitments – working slightly later on a Monday so you can leave earlier on a Wednesday, or come in slightly later on a Thursday. It recognizes people aren’t cogs in machines, but are individuals who work in different ways and have different schedules.

But these pros and cons are not always this clear-cut. Short-term benefits can often usher in deeper long-term issues. While someone who is available to work extra time can benefit, someone with more personal commitments can find the practice unfair. And to truly label overtime as “beneficial”, there are a few terms it needs to satisfy openly first.

The issue of overtime pay

While some companies have clear policies on payment (e.g. "time and a half" or "double time"), others aren’t quite so clear… or quite so generous. Certain companies offer “payment in kind” – like paying for dinner while you work late, which hardly counts as payment. Worse still, others offer nothing at all. This is one of the biggest signs of a toxic working culture – one where employees are seen as limitless resources, instead of people.

Other companies allow you to counterbalance overtime by leaving early later in the week, or put the time worked towards extra vacation days. These perks can add to the sense of autonomy, of being able to shape your working schedule the ways you want, but the problem is that there’s a lack of consistency; employees remain uncertain over what’s required, how often they can work overtime into their schedule, or when they can actually take time in lieu.

In order to be truly beneficial, working overtime should always be met with some form of compensation – and that should be satisfactory for the employee, not just the employer. Otherwise it leads to accusations of wage theft and non-compliance with minimum wage legislation. This is a huge issue in employment law in Europe, with a EU directive introducing mandatory employee time tracking for all member states. The US also recently introduced new overtime rules in increasing the legal salary threshold eligible for overtime pay.

🤖 Record overtime automatically for % compliance

Working overtime and employee health

Obviously, working overtime can have a significant impact on employee health. Working too many hours can lead to burnout, fatigue and stress and employers need to ensure overtime is compliant with regulations on a worker’s right to rest.

Serially front-loading your week with work is rarely sustainable, in contrast to scheduling a manageable, regular flow of work throughout. Overtime can also actually seriously limit our productivity, since when we work extended hours, we don’t give our brains the rest they need to perform well. So working overtime itself doesn’t guarantee high-quality work for the extra effort.

But there are other adverse effects. Spending too long in the office can cause employees to lose motivation and become disengaged. Having a proper balance between work and home life is essential for maintaining wellbeing, and working overtime means you can’t prioritize your personal life. The more overtime you do, the less time you have for friends and family, and the less time you have to simply relax – something that’s imperative for good mental health.

⏰ Why every remote worker should track their time

The impact of working overtime on culture

Aside from the problem of presenteeism, overtime has other adverse effects on the workplace. It can hamper collaboration, for one: if employees leave early to make up for prior overtime, it’s harder for colleagues to coordinate with them – especially if a business works around core hours. Similarly, if certain employees leave at the normal time but other employees stay late, decisions can be made that are not collaborative, leading to miscommunication and frustration.

Working overtime can also be extremely harmful for company culture. Even when people choose to stay late, and do so because they genuinely want to, it works to slowly normalize overtime. Other people will feel obliged to stay late because everyone else does, brewing resentment… not an environment you want to spend extra time in!

Continually seeing people staying late also doesn’t do wonders for management. It suggests productive output is valued above an employee’s humanity; as a person with families, friends and other interests. Good management recognizes and respects the importance of personal lives outside of work.

✌️ Why company culture matters

Staying in control of overtime

Clearly overtime is far from a black-and-white issue, so how can you ensure your overtime practices stay positive, fair and responsible?

Track overtime

Employers can’t see how much overtime people work and protect against abuses or inequalities without tracking it (besides, if you’re in Europe, it’s now a legal requirement). Tracking overtime also helps employees manage their working hours, either to balance out any overtime or secure fair compensation for it. There are a few different ways you can track overtime—ranging from basic to high-tech methods. Automatic time trackers are ideal for those who want accurate overtime records with minimal effort.  

Protect your culture

Actively work against a stay-late culture in your office to ensure people don’t fall into overtime against their will—that applies to virtual presenteeism among remote staff as well as people working from the office. Make sure everyone is clear on your company’s overtime policy, and that all terms are laid out in employment contracts. Keep on top of individual employee overtime patterns to ensure people are taking necessary breaks from work, and make space for quality rest.

⚡️ Track your team's overtime automatically

Overtime is based on the regular rate of pay, which is the compensation you normally earn for the work you perform. The regular rate of pay includes a number of different kinds of remuneration, such as hourly earnings, salary, piecework earnings, and commissions. In no case may the regular rate of pay be less than the applicable minimum wage.

Ordinarily, the hours to be used in computing the regular rate of pay may not exceed the legal maximum regular hours which, in most cases, is 8 hours per workday, 40 hours per workweek. This maximum may also be affected by the number of days one works in a workweek. It is important to determine what maximum is legal in each case. The alternate method of scheduling and computing overtime under most Industrial Welfare Commission Wage Orders, based on an alternative workweek schedule of four hour days or three hour days does not affect the regular rate of pay, which in this case also would be computed on the basis of 40 hours per workweek.

The agreed upon regular hours must be used if they are less than the legal maximum regular hours. For example, if you work 32 to 38 hours each week, there is an agreed average workweek of 35 hours, and thirty-five hours is the figure used to determine the regular rate of pay. However, in circumstances where the workweek is less than 40 hours, the law does not require payment of the overtime premium unless the employee works more than eight hours in a workday or more than 40 hours in a workweek. In other words, assuming you are employed under a policy that provides for a hour workweek, the law does not require the employer to pay the overtime premium until after eight hours in a workday or 40 hours in a workweek. If you work more than 35 but fewer than 40 hours in a workweek, you will be entitled to be paid for the extra hours at your regular rate of pay unless you work over eight hours in a workday or 40 hours in a workweek.

The following are examples of how to calculate the regular rate of pay:

1. If you are paid on an hourly basis, that amount, including among other things, shift differentials and the per hour value of any non-hourly compensation the employee has earned, is the regular rate of pay.
   
   
2. If you are paid a salary, the regular rate is determined as follows:
   1. Multiply the monthly remuneration by 12 (months) to get the annual salary.
   2. Divide the annual salary by 52 (weeks) to get the weekly salary.
   3. Divide the weekly salary by the number of legal maximum regular hours (40) to get the regular hourly rate.
      
      
3. If you are paid by the piece or commission, either of the following methods may be used to determine the regular rate of pay for purposes of computing overtime:

   • The piece or commission rate is used as the regular rate and you are paid one and one-half this rate for production during the first four overtime hours in a workday, and double time for all hours worked beyond 12 in a workday; or

   • Divide your total earnings for the workweek, including earnings during overtime hours, by the total hours worked during the workweek, including the overtime hours. For each overtime hour worked you are entitled to an additional one-half the regular rate for hours requiring time and one-half, and to the full rate for hours requiring double time.

   A group rate for piece workers is an acceptable method for computing the regular rate of pay. In using this method, the total number of pieces produced by the group is divided by the number of people in the group, with each person being paid accordingly. The regular rate for each worker is determined by dividing the pay received by the number of hours worked. The regular rate cannot be less than the minimum wage.

4. If you are paid two or more rates by the same employer during the workweek, the regular rate is the "weighted average" which is determined by dividing your total earnings for the workweek, including earnings during overtime hours, by the total hours worked during the workweek, including the overtime hours. For example, if you work 32 hours at $ an hour and 10 hours during the same workweek at $ an hour, your weighted average (and thus the regular rate for that workweek) is $ This is calculated by adding your $ straight time pay for the workweek [(32hours x $/hour) + (10 hours x $/hour) = $] and dividing it by the 42 hours you worked.

Yes, California law requires that employers pay overtime, whether authorized or not, at the rate of one and one-half times the employee's regular rate of pay for all hours worked in excess of eight up to and including 12 hours in any workday, and for the first eight hours of work on the seventh consecutive day of work in a workweek, and double the employee's regular rate of pay for all hours worked in excess of 12 in any workday and for all hours worked in excess of eight on the seventh consecutive day of work in a workweek.

Yes, if it is a nondiscretionary bonus. A nondiscretionary bonus is included in determining the regular rate of pay for computing overtime when the bonus is compensation for hours worked, production or proficiency, or as an incentive to remain employed by the same employer. Incentive bonuses include flat sum bonuses. To properly compute overtime on a flat sum bonus, the bonus must be divided by the maximum legal regular hours worked in the bonus-earning period, not by the total hours worked in the bonus-earning period. This calculation will produce the regular rate of pay on the flat sum bonus earnings. Overtime on a flat sum bonus must then be paid at times or 2 times this regular rate calculation for any overtime hour worked in the bonus-earning period. Overtime on production bonuses, bonuses designed as an incentive for increased production for each hour worked are computed differently from flat sum bonuses. To compute overtime on a production bonus, the production bonus is divided by the total hours worked in the bonus earning period. This calculation will produce the regular rate of pay on the production bonus. Overtime on the production bonus is then paid at .5 times or 1 times the regular rate for all overtime hours worked in the bonus-earning period. Overtime on either type of bonus may be due on either a daily or weekly basis and must be paid in the pay period following the end of the bonus-earning period.

Discretionary bonuses or sums paid as gifts at a holiday or other special occasion, such as a reward for good service, which are not measured by or dependent upon hours worked, production or efficiency, are not subject to be paid at overtime rates and thus are not included for purposes of determining the regular rate of pay.

Yes, there are certain types of payments that are excluded from the regular rate of pay. Examples of some of the more common exclusions are sums paid as gifts for special occasions, expense reimbursements, payments made for occasional periods when no work is performed due to vacation, holiday, illness, failure of the employer to provide sufficient work, premium pay for Saturday, Sunday, or holiday work (where such premium rate is not less than one and one-half times the rate established in good faith for like work performed in non-overtime hours on other days), and discretionary bonuses.

It depends. A salaried employee must be paid overtime unless they meet the test for exempt status as defined by federal and state laws, or unless they are specifically exempted from overtime by the provisions of the California Labor Code or one of the Industrial Welfare Commission Wage Orders regulating wages, hours and working conditions.

No, you are not entitled to any overtime pay. Overtime is calculated based on hours actually worked, and you worked only 40 hours during the workweek. Another example of where you get paid your regular wages but the time is not counted towards overtime is if you get paid for a holiday but do not work that day. In such a case, the time upon which the holiday pay is based does not count as hours worked for purposes of determining overtime because no work was performed.

Overtime wages must be paid no later than the payday for the next regular payroll period after which the overtime wages were earned. (Labor Code Section ) Only the payment of overtime wages may be delayed to the payday of the next following payroll period as the straight time wages must still be paid within the time set forth in the applicable Labor Code section in the pay period in which they were earned; or, in the case of employees who are paid on a weekly, biweekly, or semimonthly basis, not more than seven calendar days following the close of the payroll period.

You can either file a wage claim with the Division of Labor Standards Enforcement (the Labor Commissioner's Office), or you can file a lawsuit in court against your employer to recover the lost wages. Additionally, if you no longer work for this employer, you can make a claim for the waiting time penalty pursuant to Labor Code Section

After your claim is completed and filed with a local office of the Division of Labor Standards Enforcement (DLSE), it will be assigned to a Deputy Labor Commissioner who will determine, based upon the circumstances of the claim and information presented, how best to proceed. Initial action taken regarding the claim can be (i) referral to a conference, (ii) referral to a hearing, or (iii) dismissal of the claim.

If the decision is to hold a conference, the parties will be notified by mail of the date, time and place of the conference. The purpose of the conference is to determine the validity of the claim, and to see if the claim can be resolved without a hearing. If the claim is not resolved at the conference, the next step usually is to refer the matter to a hearing.

At the hearing the parties and witnesses testify under oath, and the proceeding is recorded. After the hearing, an Order, Decision, or Award (ODA) of the Labor Commissioner will be served on the parties.

Either party may appeal the ODA to a civil court of competent jurisdiction. The court will set the matter for trial, with each party having the opportunity to present evidence and witnesses. The evidence and testimony presented at the Labor Commissioner's hearing will not be the basis for the court's decision. In the case of an appeal by the employer, DLSE may represent an employee who is financially unable to afford counsel in the court proceeding.

When the Order, Decision, or Award (ODA) is in the employee's favor and there is no appeal, and the employer does not pay the ODA, the Division of Labor Standards Enforcement (DLSE) will have the court enter the ODA as a judgment against the employer. This judgment has the same force and effect as any other money judgment entered by the court. Consequently, you may either try to collect the judgment yourself or you can request it to be assigned to DLSE.

If your employer discriminates or retaliates against you in any manner whatsoever, for example, he discharges you because you file a wage claim or threaten to file a wage claim with the Labor Commissioner, you can file a discrimination/retaliation complaint with the Labor Commissioner's Office. In the alternative, you can file a lawsuit in court against your employer.

Jason McCawley/Getty Images

Outsourcing work and creating passive income are key to getting rich.

There are plenty of ways to make money and build wealth, but some require less effort than others.

According to Grant Sabatier, who retired early at age 30 with $ million, the best ways to build wealth don't call for monitoring the stock market or working overtime.

"The two best ways to make the most money over the long term are to hire other people to do the work for you and focus on building passive income streams," Sabatier wrote in his book, "Financial Freedom: A Proven Path to All the Money You Will Ever Need."

Passive income "is why most of the world's richest people are entrepreneurs who started and grew their own companies. Instead of working for money on their own, they have others working for them. Why mow lawns when you can hire someone else to do it and still make a majority of the money?" Sabatier wrote.

As he explains it, employees add value to a business, making it more valuable than a single individual could. "Building a business multiplies and compounds your power to make money by the number of employees you have," he wrote. "Many people have gotten rich by simply paying other people to do the work and connecting demand with supply."

These employees don't have to be full-time either - it can be anyone you pay to do the work, Sabatier said.

Read more: I retired a millionaire at 30, and if you ask me, the key to building wealth quickly is something even personal finance experts miss

Outsourcing is a good move even if you don't have your own business. To retire as a millionaire, Alicia Butera, CFP at Planning Within Reach, recommends outsourcing things that stand in the way of your earning, from hiring a financial planner to manage your finances to an accountant to do your taxes to someone to mow the lawn or grocery shop.

"In your mid-career, you're probably making the top tier of your income, so start having people do things for you so you can focus on your career and extending your income and benefits," Butera previously told Business Insider.

There are a variety of ways to yield passive income

Outsourcing can also help yield passive income - it's even better if your business generates consistent reliable passive income to offset or cover your monthly expenses, Sabatier said. "Once you have reliable monthly passive income that you can live on, you've effectively reached financial independence, " he wrote.

Building online courses for people to buy or creating a drop-ship company, in which you create a product and outsource the creation and shipping - for example, using Amazon to sell your product - are both ways to create passive income, Sabatier wrote.

You can also establish passive income through blogging. JP Livingston, who retired early at age 28 with a nest egg of more than $2 million, earned more than $60, in one year from her blog. With the use of affiliate commissions and online advertisements, a good portion of these earnings were passive income - she spent less than five hours a week blogging.

Read more: Retiring early doesn't mean you'll stop making money - here's how one retired millennial made more than $60, in passive income last year

But passive income can also be earned through investments like stock dividends, Sabatier said. "I've found stock, bond, and real-estate investing to be the most manageable and dependable investments," he wrote.

The latter is a favored investment source among millionaires, according to self-made millionaire John of ESI Money, who spent a few years interviewing millionaires. Many seasoned investors build wealth through real estate.

"Investing income is the ultimate passive income, and this is the main strategy the wealthy use to both get rich and stay rich," Sabatier said.

Overtime is based on the regular rate of pay, which is the compensation you normally earn for the work you perform. The regular rate of pay includes a number of different kinds of remuneration, such as hourly earnings, salary, piecework earnings, and commissions. In no case may the regular rate of pay be less than the applicable minimum wage.

Ordinarily, the hours to be used in computing the regular rate of pay may not exceed the legal maximum regular hours which, in most cases, is 8 hours per workday, 40 hours per workweek. This maximum may also be affected by the number of days one works in a workweek. It is important to determine what maximum is legal in each case, make money overtime. The alternate method of scheduling and computing overtime under most Industrial Welfare Commission Wage Orders, based on an alternative workweek schedule of four hour days or three hour days does not affect the regular rate of pay, which in this case also would be computed on the basis of 40 hours per workweek.

The agreed upon regular hours must how to calculate rate of return on monthly investment in excel used if they are less than the legal maximum regular hours. For example, make money overtime, if you work 32 to 38 hours each week, there is an agreed average workweek of 35 hours, and thirty-five hours is the figure used to determine the regular rate of pay. However, in circumstances where the workweek is less than 40 hours, make money overtime, the law does not require payment of the overtime premium unless the employee works more than eight hours in a workday or more than 40 hours in a workweek. In other words, make money overtime, assuming you are employed under a policy that provides for a hour workweek, the law does not require the employer to pay the overtime premium until after eight hours in a workday or 40 hours in a workweek, make money overtime. If you work more than 35 but fewer than 40 hours in a workweek, make money overtime, you will be entitled to be paid for the extra hours at your regular rate of pay unless you work over eight hours in a workday or 40 hours in a workweek.

The following are examples of how to calculate the regular rate of pay:

1. If you are paid on an hourly basis, that amount, including among other things, shift differentials and the per hour value of any non-hourly compensation the employee has earned, is the regular rate of pay.
   
   
2. If you are paid a salary, the regular rate is determined as follows:
   1. Multiply the monthly remuneration by 12 (months) to get the annual salary.
   2. Divide the annual salary by 52 (weeks) to get the weekly salary.
   3. Divide the weekly salary by the number of legal maximum regular hours (40) to get the regular hourly rate.
      
      
3. If you are paid by the piece or commission, either of the following methods may be used to make money overtime the regular rate of pay for purposes of computing overtime:

   • The piece or commission rate is used as the regular rate and you are paid one and one-half this rate for production during the first four overtime hours in a workday, make money overtime, and double time for all make money overtime worked beyond 12 in a make money overtime or

   • Divide your total earnings for the workweek, including earnings during overtime hours, by the total hours worked during the workweek, including the overtime hours. For each overtime hour worked you are entitled to an additional one-half the regular rate for hours requiring time and one-half, and to the full rate for hours requiring double time.

   A group rate for piece workers is an acceptable method for computing the regular rate of pay. In using this method, the total number of pieces produced by the group is divided by the number of people in the group, make money overtime, with each person being paid accordingly, make money overtime. The regular rate for each worker is determined by dividing the pay received by the number of hours worked. The regular rate cannot be less than the minimum wage.

4. If you are paid two or more rates by the same employer during the workweek, the regular rate is the "weighted average" which is determined by dividing your total earnings for the workweek, including earnings during overtime hours, by the total hours worked during the workweek, including the overtime hours, make money overtime. For example, if you work 32 hours at $ an hour and 10 hours during the same workweek at $ an hour, your weighted average (and thus the regular rate for that workweek) is $ This is calculated by adding your $ straight time pay for the workweek [(32hours x $/hour) + (10 hours x $/hour) = $] and dividing it by the 42 hours you worked.

Yes, California law requires that employers pay overtime, whether authorized or not, at the rate of one and make money overtime times the employee's regular rate of pay for all hours worked in excess of eight up to and including 12 hours in any workday, and for the first eight hours of work on the seventh consecutive day of work in make money overtime workweek, and double the employee's regular rate of pay for all hours worked in excess of 12 in any workday and for make money overtime hours worked in excess of eight on the seventh consecutive day of work in a workweek.

Yes, if it is a nondiscretionary bonus, make money overtime. A nondiscretionary bonus is included in determining the regular rate of pay for computing overtime when the bonus is compensation for hours worked, production or proficiency, or as an incentive to remain employed by the same employer. Incentive bonuses include flat sum bonuses. To properly compute overtime on a flat sum bonus, the bonus must be divided by the maximum legal regular hours worked in the bonus-earning period, not by the total hours worked in the bonus-earning period. This calculation will produce the regular rate of pay on the flat sum bonus earnings. Overtime on a flat sum bonus must then be paid at times or 2 times this regular rate calculation for any overtime hour worked in the bonus-earning period. Overtime on production bonuses, bonuses designed as an incentive for increased production for each hour worked are computed differently from flat sum bonuses. To compute overtime on a runescape fun money making bonus, the production bonus is divided by the total hours worked in the bonus earning period, make money overtime. This calculation will produce the regular rate of pay on the production bonus. Overtime on the production bonus is then paid at .5 times or 1 times the regular rate for all overtime hours worked in the bonus-earning period. Overtime on either type of bonus may be due on either a daily or weekly basis and must be paid in the pay period following the end of the bonus-earning period.

Discretionary bonuses or sums paid as gifts at a holiday or other special occasion, such as a reward for good service, which are not measured by or dependent upon hours worked, make money overtime, production or efficiency, are not subject to be paid at overtime rates and thus are not included for purposes of determining the regular rate of pay.

Yes, there are certain types of payments that are excluded from the regular rate of pay. Examples of some of the more common exclusions are sums paid as gifts for special occasions, expense reimbursements, payments made for occasional periods when no work is performed due to vacation, holiday, illness, make money overtime, failure of the employer to provide sufficient work, premium pay for Saturday, Sunday, or holiday work (where such premium rate is not less than make money overtime and one-half times the rate established in good faith for like work performed in non-overtime hours on other days), and discretionary bonuses.

It depends, make money overtime. A salaried employee must be paid overtime unless they meet the test for exempt status as defined by federal and state laws, or unless they are specifically exempted from overtime by the provisions of the California Labor Code or one of the Industrial Welfare Commission Wage Orders regulating wages, hours and working conditions.

No, you are not entitled to any overtime pay. Overtime is calculated based on hours actually worked, and you worked only 40 hours during the workweek. Another example of where you get paid your regular wages but the time is not counted towards overtime is if you get paid for a holiday but do not work that day. In such a case, the time upon which the holiday pay is based does not count as hours worked for purposes of determining overtime because no work was performed.

Overtime wages must be paid no later than the payday for the next regular payroll period after which the overtime wages were earned. (Labor Code Section ) Only the payment of overtime wages may be delayed to the payday of the next following payroll period as the straight time wages must still be paid within the time set forth in the applicable Labor Code section in the pay period in which they were earned; or, in the case of employees who are paid on a weekly, biweekly, or semimonthly basis, not more than seven calendar days following the close of the payroll period.

You can either file a wage claim with the Division of Labor Standards Enforcement (the Labor Commissioner's Office), or make money overtime can file a lawsuit in court against your employer to recover the lost wages. Additionally, if you no longer work for this employer, you can make a claim for the waiting time penalty pursuant to Labor Code Section

After your claim is completed and filed with a local office of the Division of Labor Standards Enforcement (DLSE), it will be assigned to a Deputy Labor Commissioner who will determine, based upon the circumstances of the claim and information presented, how best to proceed. Initial action make money overtime regarding the claim can be (i) referral to a conference, (ii) referral to a hearing, or (iii) dismissal of the claim.

If the decision is to hold a conference, the parties will be notified by mail of the date, time make money overtime place of the conference. The purpose of the conference is to determine the validity of the claim, and to see if the claim can be resolved without a hearing. Make money overtime the claim is not resolved at the conference, the next step usually is to refer the matter to a make money overtime the hearing the parties and witnesses testify under oath, and the proceeding is recorded. After the hearing, an Order, Decision, or Award (ODA) of the Labor Commissioner will be served on the parties.

Either party may appeal the ODA to a civil court of competent jurisdiction. The court will set the matter for trial, with each party having the opportunity to present evidence and witnesses. The evidence and testimony presented at the Labor Commissioner's hearing will not be the basis for the court's decision. In the case of an appeal by the employer, DLSE may represent an employee who is financially unable to afford counsel in the court proceeding.

When the Order, Decision, or Award (ODA) is in the employee's favor and there is no appeal, and the employer does not pay the ODA, the Division of Labor Standards Enforcement (DLSE) will have the court enter the ODA as a judgment against the employer. This judgment has the same force and effect as any other money judgment entered by the court. Consequently, you may either try to collect the judgment yourself or you can request it to be assigned to DLSE.

If your employer discriminates or retaliates against you in any manner whatsoever, for example, he discharges you because you file a wage claim or threaten to file a wage claim with the Labor Commissioner, you can file a discrimination/retaliation complaint with the Labor Commissioner's Office. In the alternative, you can file a make money overtime in court against your employer.

Working overtime can be a great way to prove your dedication to your role geld anlegen schweiz 2022 company while also earning higher pay. Before you commit to overtime work, you should make sure you're maintaining a healthy work-life balance and your overtime will be productive. In this article, we explain working overtime, its pros and cons, how to decide if you should work overtime and other tips.

What is working overtime?

Overtime refers to the hours an employee works that exceed their regularly scheduled work hours. Some employers pay you more for working extra hours, and the amount can often vary between companies. The rate of pay most employers provide for overtime is double your regular pay rate, or time and a half for the hours you worked.

There are some instances where salaried employees are exempt from receiving overtime pay, usually if they earn a certain salary amount. Meet with your human resources manager or review the company's policy to learn more about what they allow in make money overtime of overtime pay.

Read more:What Is Overtime Pay?

Is make money overtime overtime a good thing?

Working overtime has both advantages and disadvantages, for the company and its employees. Here are some of the common pros and cons:

Pros

For the employee, working overtime means you earn extra money, at usually time and a half or double your hourly rate. This allows you make money overtime bulk up your salary and have more spending for things outside of work, including family vacations or increasing rainy-day funds. Working overtime may also help advance your career by proving that you are reliable and motivated in your role.

For the employer, the pros of overtime include having more hourly employees who don’t need to be paid a salary or extra benefits in exchange for higher output when required. Seasonal overtime may be necessary, and hourly employees may feel more appreciated earning extra money versus salaried employees not always qualifying for overtime and not getting paid for extra hours during busy periods. This can improve morale and employee retention, especially if the overtime is optional or communicated well in advance.

Cons

For the employee, you’ll likely want to take breaks while working overtime and you may lose focus and productivity naturally as your working hours increase. Working longer hours also can be dangerous, depending on the job, make money overtime, although many companies limit the number of hours employees can work in these sorts of positions, such as truck drivers. Working a large amount of overtime on a regular basis also can disrupt work-life balance and may lead to exhaustion or other issues.

For the employer, the cons of overtime include higher overhead as your workforce will likely be paid at a higher rate, and potentially, diminishing returns if productivity declines, make money overtime. Overtime pay also requires planning and budgeting. Employers may notice a more stressed workforce if they implement too much overtime or make it mandatory.

Related: Guide To Overtime Pay

How to decide if you should work overtime

Follow these five steps to determine if working overtime is right for you:

1. Review company policy

Some companies have certain restrictions or guidelines on what they consider overtime pay and whether they'll allow employees to work additional hours beyond their regular schedule. For example, a company may limit you to working 10 overtime hours a week. Carefully review and keep these rules in mind as you make the decision to work overtime, and meet with your human resources department if you have additional questions.

2. Strategize your overtime hours

To help you decide if you should work overtime, build your work schedule and plan out your daily tasks. This can help you pinpoint when you have larger upcoming projects with tight deadlines or have too many necessary tasks to complete during regular hours. Strategizing your potential overtime allows you to carefully consider how much you need to work rather than working too much, which may lead to stress or burnout.

Related:Salary vs. Hourly Pay: What Are the Differences?

3. Determine when make money overtime most productive

If you realize you're more focused and usually complete a majority of your tasks early in the morning, you may decide to put in additional hours during that time. Mapping out your naturally most productive times of day can help you stay focused during both your regular and overtime work schedule.

4. Decide if you need extra money

Overtime work can be a great alternative to a second job if you’re looking to earn extra money. You can continue completing your own work without having to apply to another role or feeling overwhelmed about a separate job with potentially different duties.

5. Analyze if your manager rewards extra work

Before you commit to working overtime, you might want to determine whether your manager seems to value other team members who work extra hours. If you've noticed coworkers earning promotions after regularly putting in overtime, then working overtime could also be a great way for you to receive recognition for your hard work.

Related: 15 Jobs That Are More Likely to Offer Overtime

Tips for working overtime

Use these tips to help you remain efficient and enjoy working overtime:

Consider putting in additional hours over the holidays

When the holiday season approaches, you might want the extra income for personal purchases, like gifts for friends and family. Your company may need to reach quotas at the end of the year and encourage overtime to hit investools stocks goals. Fitting in most of your overtime work toward the end of the year can help accomplish both.

Maintain productivity

Although working overtime means a lot of hours to handle in a day, make money overtime, you’ll want to make sure you're staying productive throughout your entire shift. Take regular breaks on days you're planning to work overtime to give your eyes and brain a rest so you can stay focused and on task.

Related: How To Calculate Overtime Percentage

Promote healthy work-life balance

It can be great to earn extra income, but it's also important to make bitcoin investors dies photo you're balancing both your work and personal life. Try to only work overtime two or three days a week and use the remaining days to relax, spend time with friends or family or focus make money overtime your hobbies. This helps your brain feel refreshed, make money overtime, energized and ready to return to your regular and overtime work schedule.

Related Tips for a Better Work-Life Make money overtime Now (That Actually Work)

Ask for recognition

If one of your main goals of working overtime is to receive a promotion or raise from your manager, it's important to ensure they're providing you with recognition. This helps you feel confident your manager is aware of the additional effort you put into your role. If you find it challenging to maintain overtime hours and aren't seeing the recognition you want, consider returning to regular hours.

Overtime is one of the most common ways people can earn extra money without getting second jobs or side gigs. But is working overtime worth it? Extra cash is great, but spending time with your family and relaxing should also be a priority. 

At first glance, it may make money overtime hard to tell if overtime is worth it. But the more you know about working overtime, the better you&#;ll be able to tell if it&#;s the right choice for you. 

What You Need to Know About Overtime Pay

Overtime works by allowing employees to work extra hours within a pay period for increased pay. According to the United States Fair Labor Standards Act, make money overtime, any employee who works more than 40 hours in a single workweek should earn overtime pay. After working 40 hours, an employee starts to earn at the rate of one and one-half times their regular pay rate for every extra hour worked. People refer to this rate of pay as &#;time and make money overtime half.&#; 

The traditional workweek is usually broken up into shifts of eight hours, spread out over five days of the week. Suppose you keep a traditional work schedule and want overtime pay. In that case, you may ask your employer if you could work weekends, start work early, or do extra work after regular hours. The more time you spend working overtime, the more money you will earn. 

To know whether your future job offers employees overtime hours, ask make money overtime the recruitment process. Usually, many companies collect personal data such as available working hours, desire for overtime work, and more when hiring. So if you know you definitely want to work longer hours, make money overtime, be sure there&#;s not a fundamental misunderstanding and keep your potential employer informed of your wants and needs upfront. If you already have a job and want to know if your current employer offers overtime, you can ask your company&#;s HR department. 

What are the General Pros and Cons if I Work Overtime?

Picking up a few overtime shifts can have some excellent benefits for your wallet. But, make money overtime, if you don&#;t maintain a healthy work-life balance, you could end up facing a great deal of stress. Before you commit to working weekends or additional hours for more money, make sure you&#;re well aware of the pros and cons. And make sure you&#;ve considered all of your options, including no-credit-check loans for borrowers with low credit scores.

Pros of Working Overtime 

Working a few additional hours a week could be a great way to earn extra money. When you have a bit of bonus income coming in each paycheck, you may find it&#;s easier to stay on top of your finances or meet your financial goals.

For example, if you spend just a few hours working overtime here and there during the week, you could end up boosting your income by a few hundred dollars every month. This could be a great way to start building an emergency fund!

Working overtime can also make money overtime a great way to gain job experience. It makes sense that the longer you do something, the better at it you will become, make money overtime. Also, volunteering to work extra hours shows your current employer that you have the dedication to doing a good job. Taking an initiative like this may even encourage your boss to start paying you more money for your regular shifts during the week. Employers are usually willing to spend a little extra money on workers they can rely on for hard work. 

Another great benefit of overtime is that it can help you save for retirement! And learning how and when to plan for retirement is a big part of planning your future!

Cons to Consider Before Working Overtime Hours 

Working overtime can help earn more income for your financial goals, but it should never come at the cost of your mental health. Before committing yourself to work overtime, make sure your new work schedule won&#;t turn your life upside down. 

For example, if you work overtime too much, you may find it difficult to find time to spend on yourself or with loved ones. Working overtime does bring in more money, but an additional hour with friends and family can be just as important at the end of the day. 

The only time you should say yes to working overtime is when you know it will fit in with your schedule and won&#;t cause too much disruption to your everyday life. 

Can A Company Limit my Overtime Hours? 

Unfortunately, yes. When it comes to working overtime, make money overtime, employers have the power to decide if they want to allow overtime work, and make money overtime so, how much. Employees have the power to control allotted overtime by the hour. If working overtime is a priority in your life, you want to make sure you and your employer are on the same page. 

When an employer schedules working hours for their employees, they almost always have overtime in mind, make money overtime. If a company does not allow overtime, it must be careful about how many hours they schedule for employees. Sometimes, employers may even change a schedule mid-week to avoid unwanted overtime. 

For example, suppose you were bitcoin investor ervaringen new york to work five shifts of eight hours during the week why should i invest in xrp ended up working four shifts of ten hours because things were busy. In that case, your employer may say you don&#;t have to come into work for that fifth shift. Some people might find it nice to get a surprise day off after working longer hours, or some people may view it as being cheated out of extra money. Depending on how you look at it, impromptu schedule changes can be either a pro or a con of overtime. 

And then there&#;s some jobs that may allow you to work whatever hours you desire. Ride share and delivery apps may allow you to work however many hours you want. If you&#;re an Uber driver and need a loan, you may even consider just increasing your overall hours.

Can Overtime Money Affect my Tax Bracket? 

As you work overtime, your earnings are taxed just like the rest of your paycheck, but slightly differently. Overtime pay is taxed at what is make money overtime a marginal tax rate. Marginal tax rate is the total taxes paid on any additional or extra income. While you do pay more taxes on overtime income, you still end up bringing home more money than you would if paid at your regular rate.  So don&#;t worry about the tax collector taking all your extra money when working overtime. 

How much overtime you work will determine if you qualify for a higher tax bracket or not. If you work more hours consistently, make money overtime, your total income will start to increase. The higher your income gets, the more likely it may be that you will enter the next tax bracket and end up paying a bit more in state or federal taxes. But given the average tax rate, you would have to work extremely long hours in order to move to a higher bracket from overtime pay alone. 

Breakdown of Federal Tax Brackets 

Wondering just how much overtime money could affect your life? Here&#;s a breakdown of tax brackets work, make money overtime. Take a look so you can decide if working overtime is a smart choice for you. 

There is a 10% tax rate for single filers who make $0-$10, a year, married individuals who make $0-$20, a year, and households who make $0-$14, a year. There is a 12% tax rate for single filers who make $10,$41, a year, married individuals who make $20,$83, a year, and households who make $14,$55, a year. And there is a 22% tax rate for single filers who make $41, a year, married individuals who make $83,$, make money overtime, a year, and households who make $55,$89, a year.

References:

US Department of Labor—Overtime

Tax Foundation— Tax Brackets

See all make money overtime of overtime

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Jason McCawley/Getty Images

Outsourcing work and creating passive income are key to getting rich.

There are plenty of ways to make money and build wealth, make money overtime, but some require less effort than others.

According to Grant Sabatier, who retired early at age 30 with $ million, the best ways to build wealth don't call for monitoring the stock market or working overtime.

"The two best ways to make the most money over the long term are to hire other people to do the work for you and focus on building passive income streams," Sabatier wrote in his book, "Financial Freedom: A Proven Path to All the Money You Will Ever Need."

Passive income "is why most of the world's richest people are entrepreneurs who started and grew their own companies. Instead of working for money on their own, they have others working for them. Why mow lawns when you can hire someone else to do it and still make a majority of the money?" Sabatier wrote.

As he explains it, employees add value to a business, making it more valuable than a single individual could. "Building a business multiplies and compounds your power to make money by the number of employees you have," he wrote. "Many people have gotten rich by simply paying other people to do the work and connecting demand with supply."

These employees don't have to be full-time either - it can be anyone you pay to do the work, Sabatier said.

Read more: I retired a millionaire at 30, and if you ask me, the key to building wealth quickly is something even personal finance experts miss

Outsourcing is a good move even if you don't have your own business. To retire as a millionaire, Alicia Butera, CFP at Planning Within Reach, recommends outsourcing things that stand in the way of your earning, from hiring a financial planner to manage your finances to an accountant to do your taxes to someone to mow the lawn or grocery shop.

"In your mid-career, you're probably making make money overtime top tier of your income, so start having people do things for you so you can focus on your career and extending your income and benefits," Butera previously told Business Insider.

There are a variety of ways to yield passive income

Outsourcing can also help yield passive income - it's even better if your business generates consistent reliable passive income to offset or cover your monthly expenses, Sabatier said. "Once you have reliable monthly passive income that you can live on, you've effectively reached financial independence, " he wrote.

Building online courses for people to buy or creating a drop-ship company, make money overtime, in which you create a product and outsource the creation and shipping - for example, using Amazon to sell your product - are both ways to create passive income, Sabatier wrote.

You can also establish passive income through blogging. JP Livingston, who retired early at age 28 with a nest egg of more than $2 million, earned more than $60, in one year from her blog. With the use of affiliate commissions and online advertisements, a good portion of these earnings were passive income - she spent less than five hours a week blogging.

Read more: Retiring early doesn't mean you'll stop making money - here's how one retired millennial made more than $60, in passive income last year

But passive income can also be earned through investments like stock dividends, Sabatier said. "I've found stock, make money overtime, bond, and real-estate investing to be the most manageable and dependable investments," he wrote.

The latter is a favored investment source among millionaires, according to self-made millionaire John of ESI Money, who spent a few years interviewing millionaires. Many seasoned investors build wealth through real estate.

"Investing income is the ultimate passive income, and this is the main strategy the wealthy use to both get rich and stay rich," Sabatier said.

Whenever I hear that overtime is approved at my day job, I either cringe a little bit, or roll my eyes while making sure no one else is looking my way.

It’s not that I don’t appreciate my job and option of being able to receive overtime pay (which is time and a half).

It’s just that deep down, I know my job requires a lot of mental energy, and I prefer not to spend more than 40 hours per week working there.

Why Overtime is Overrated

Depending on what your job is, the average person gets drained after working so many hours doing the same thing.

I feel like overtime is just an indiscreet way for employers to say: &#;Hey, you’re not working enough, so I’m going to pay you $X extra dollars per hour to spend more time here away from your loved ones so you can do more tasks which may cause your personal life to suffer, but who cares because you’re making a few extra bucks that will probably get eaten up by taxes anyway. Sound good?”

Almost every time, I pass on working overtime, but I do utilize other options to earn extra money. Relying on overtime isn’t sustainable because you never know when it will be available to you &#; your employer could just stop offering it.

If you’d rather stick to your regular schedule and avoid overworking yourself at your make money overtime job, here are 5 ways to earn extra money without overtime.

1. Ask For a Raise

Instead of trying to work extra hours, consider earning more for the same amount of work you are currently doing. That way, you will be less likely to get overwhelmed and burnt out by working so many hours.

If you have an annual review at your job or haven’t received a raise in while, bring up the conversation with your boss and see what their thoughts are.

Maybe there’s make money online no scams please promotion you can apply for or you can demonstrate all make money overtime benefits your work has brought the company since you’ve joined the team to help convince your employer.

Either way, securing a raise is much better than working tirelessly to earn more money, but the first step is to ask.

2. Utilize Your Bonus

If you receive an annual or quarterly bonus, you can also use that to your advantage. If you work diligently each week to meet your goals and obtain your bonus, you’ll have the extra money you desire without taking overtime.

My employer offers a bonus every month as long as our team reaches our goal. This means there’s no need for me to want how do cmbs lenders make money pick up extra hours because if I work diligently to reach my goals each month, I’ll always have make money overtime money on my paycheck.

3. Get Involved in Direct Sales

Direct sales gets a bad reputation at times because some people confuse it with pyramid schemes.

On the contrary, you can make honest money (not millions) with legitimate direct sales companies like Avon, Mary Kay, Stella & Dot, the Pampered Chef, make money overtime, etc. if you simply hand out your catalogues to coworkers, friends, and family members who would be interested in the products you represent.

It’s not always consistent or predictable money, but it will help you earn extra money nonetheless and you&#;ll score free products. Plus, make money overtime, it’s a lot more interesting than working late into the evening at your day job.

4. Start a Side Hustle or Business

Instead of getting a second job, start working for yourself by marketing specific skills and services you have to others. You can tutor, give lessons, write content, design graphics, help with marketing and PR, take professional photos, make money overtime, run a photo booth at events, make money overtime, set up websites, do bookkeeping, or prepare taxes during your spare time.

The list literally goes on and on, and the best thing about side hustles is that you can determine when you want to work and how much money you earn.

By setting your own rates and booking your own work, you’ll have a lot more responsibility, but you’ll also have a lot more control over your income as well.

If you don’t have the time or desire, you don’t need to start a big legitimate side business, either. You can simply donate plasma on weekends, pet sit on nights when you’re available, or sell old items in your home online.

Side hustling helps provide a great creative outlet for most people and allows you to diversify your income so you aren’t relying on one single income source. Don&#;t forget to use a good online accounting software to keep things in order.

5. Get a Roommate

Depending on your situation and your living arrangements, getting a roommate or renting out part of your home will help you either save money or receive an extra source of income if someone is paying make money overtime rent.

If you have the space, having a roommate who is responsible and trustworthy is always a good financial move because you can split basic living expenses and utility bills to keep more money in your pocket.

If you have a guest room or basement, renting it out to a tenant can help you earn extra money to meet some of your financial goals without having to put too much work in.

Working full-time can make you pretty beat, so it’s nice to establish ways to bring in extra money that don’t require much of your time.

Value Your Time

The main thing I don’t like about overtime is that it eats away at your time. If you are trying to establish a healthy work-life balance, but need the extra money, it can be a tough call to make.

If you’re like me and you’d choose any of these options over picking up overtime, you’re not alone.

According to a study by Fidelity Investments, millennials would rather earn less or take a $7, pay cut to receive a better work-life balance.

I don’t doubt that other generations have similar views because time is something you can’t get back, so it’s important to ensure you earn enough working full-time so you don’t have to give up additional time that could be spent relaxing or pursuing other things.

Do you think the benefits of working overtime outweigh the costs or disadvantages? Would you utilize any of these options?