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DOUBLE TIME

Statistics Directorate    
Definition:
Penalty or premium rate (e.g., for overtime work, for work on Sundays and holidays) amounting to twice the employee’s regular rate of pay for each hour worked.

Source Publication:
Glossary of Compensation Terms – United States Bureau of Labor Statistics, August 1998.

Hyperlink:
http://stats.bls.gov/ocs/sp/ncbl0062.pdf

Statistical Theme: Labour statistics

Created on Tuesday, August 13, 2002