29 C.F.R. § 548.403

Current through May 31, 2024
Section 548.403 - Description of method of calculation

The established basic rate for which approval will be sought will normally be a formula or method of calculation of a rate rather than a specific dollars and cents rates. The application should contain a complete description of the formula or method of calculation of the established basic rate, including any necessary examples which will enable the Administrator to understand how the rate will be computed and applied.

See § 548.200 .

29 C.F.R. §548.403

20 FR 5683, Aug. 6, 1955