Skip to content. | Skip to navigation

Personal tools
You are here: Home Payroll Payroll 101 What Is Your "Regular Rate of Pay?"

What Is Your "Regular Rate of Pay?"

by rlcoch01 last modified Oct 31, 2007 10:36 PM

Your regular rate of pay has to be at least minimum wage.  If you're paid by the hour, your hourly wage is your regular rate of pay.  If you're paid a salary, your regular rate of pay is your salary divided by the number of hours you worked to earn it.  The following payments are included in your regular rate of pay.

  • Nondiscretionary bonuses--These are bonuses that you and your employer have agreed upon in advance.  They're awarded based on how well you do your job.
  • Shift premiums--If you work a difficult shift, like a late night shift, a set amount may be added to your hourly rate.  This is known as a shift premium.
  • Noncash payments--Sometimes an employer will provide employees with noncash wages like room and board.  These "wages" are included in your regular rate of pay by estimating their cost in cash.
  • Bach pay awards--If you earned wages earlier that you wern't paid for some reason, you may receive a "back pay award."  This requires your employer to pay you the back wages you're owed.
  • On-call pay--If your employer requires you to wait in a specific place to receive a call, you should be paid for this "on-call" time.
  • Cost-of-living adjustments--Sometimes an employer will raise employee' pay to keep up with inflation.  This kind of hike in wages is call a cost-of-living adjustment.

Document Actions
Questions about Student Billing

Email the Bursar

502-852-6503

Campus Locations

Budget & Financial Planning
Phone: 502-852-6166

Grawemeyer Hall
Room 20
Louisville, Ky. 40292

Bursar's Office
Phone: 502-852-6503

Houchens Building
Room 101
Louisville, Ky. 40292

Controller's Office
Phone: 502-852-7072

Service Complex
2nd Floor
Louisville, Ky. 40292

Payroll Office
Phone: (502) 852-2978

Personnel Services Building
1980 Arthur Street
Louisville, Ky. 40208-1707

Position Management
Phone: (502) 852-2978

Personnel Services Building
1980 Arthur Street
Louisville, Ky. 40208-1707

Vice President for Finance
Phone: 502-852-6166

Grawemeyer Hall
Room 20
Louisville, Ky. 40292

 
Personal tools