As an FLSA-exempt employee, you are paid overtime as follows:
Computation of Overtime Under Title 5
If you earn:
Then the overtime rate is:
GS-10, Step 1 or less
1 ½ times the hourly rate of basic pay
More than GS-10, step 1
1 ½ times the hourly rate of basic pay of GS-10, step 1, or your actual hourly rate of basic pay, whichever is greater.
As a Prevailing Rate Employee, How am I Paid Overtime?
The overtime rate for you as an FLSA-exempt prevailing rate employee is 1 ½ times the hourly rate of basic pay, including night differential.
Are There Limits on Premium Pay?
Pay for you as a GS employee may not exceed the biweekly rate of pay of GS-15, step 10. This includes pay for overtime, compensatory time and premium pay for night, holiday, or Sunday work.
Can I Earn Premium Pay for Training?
Payment of premium pay during periods of training generally is prohibited. This prohibition is waived when the training is given (5 CFR 410 Subpart D):
During a period of duty for which you already are receiving premium pay.
At night, because the situations which you must learn to handle occur only at night.
On overtime, on a holiday, or on a Sunday because the cost of the training, including premium pay, is less than the cost of the same training confined to regular working hours.
Based on an exception authorized by the Office of Personnel Management (OPM) or under delegated authority from OPM.