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As utilized in the calculation of overtime pay, the so-called "regular rate" includes:
Quality of Work Life
A concept that involves the enhancement of work conditions, job satisfaction, and overall well-being of employees.
Psychological Contract
An unwritten agreement that reflects the mutual beliefs, perceptions, and informal obligations between an employer and an employee.
Inducements
Incentives or rewards offered to motivate specific actions or behaviors.
Fringe Benefits
Are additional non-wage or non-salary forms of remuneration.
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