Overtime pay is higher than regular pay because:
A)foregone leisure hours in addition to the ones for regular work are valued lower.
B)employers want to insure quality work after hours.
C)labour unions have the upper hand in the Canadian economy.
D)foregone leisure hours in addition to the ones for regular work are valued higher.

Question

Quizplus · Accepted Answer

Overtime pay is higher because employees are sacrificing additional hours of their leisure time, and the value of these hours is generally considered to be higher than the value of regular work hours. Therefore, employers offer higher pay rates to compensate for the value of these foregone leisure hours.

Overtime Pay Is Higher Than Regular Pay Because