3.1 Pay Periods & Paydays Midwest Fastener Corp. employees are paid biweekly on Thursday. Each paycheck will include earnings for all work performed through the end of the previous payroll period, which ends on Saturday. In the event a regularly scheduled payday falls on a day off, such as a holiday, employees will receive pay on the first scheduled day of work following payday. Temporary agency employees will be paid under the terms of the employment agency. Holiday pay, vacation pay, and check retrieval procedures will also be mandated by the terms of the agency. 3.2 Overtime Nonexempt employees will be paid in accordance with federal and state law. Per state law, with some exceptions, the standard work week for employees should not exceed 40 hours per week. Should the Company find it necessary to employ an employee over this standard, overtime hours shall be compensated at the rate of one and one-half times the regular rate of pay. All overtime work by non-exempt employees must be authorized in advance by their manager. Only hours worked will be used to calculate overtime pay.
3.3 Rest & Meal Periods All rest and meal periods will be in accordance with state law.
Nonexempt employees will be provided a rest break for every four-hour period of work. This time is counted and paid as time worked. Nonexempt employees scheduled to work more than a six-hour period will be provided with a meal period. 3.4 Accurate Timekeeping Employees are required to maintain an accurate and complete record of their attendance and hours worked. Recording Work Hours Employees must accurately record the following • Start and end times of their workday • Beginning and end of each meal period • Start and end times of any split shifts or personal departures during the workday
Altering, falsifying, or tampering with time records may result in disciplinary action, up to and including termination. Record Keeping and Verification • Midwest Fastener Corp. maintains records of paid time off earned and usage. • Employees are responsible for
reviewing their pay stubs to ensure hours worked, overtime, and paid time off are accurately recorded.
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800-444-7313 •
800-388-9798 •
fastenerconnection.com
MWF LC#250401
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