Overtime Policy Memo

To: All Employees
From: [Your Name]
Date: May 1, 2054

Subject: Overtime Policy Update

Dear Team,

I hope this message finds you well. I am writing to inform you about an update to our company's overtime policy, effective immediately. Due to increased project demands in the [department/area], we will be implementing mandatory overtime for all employees in this department starting [date].

Overtime Schedule: Employees in the [department/area] will be required to work an additional [number of hours] per week beyond their regular schedule. Overtime shifts will be scheduled [specific days/times].

Compensation: Overtime hours will be compensated at a rate of [rate, e.g., 1.5 times the regular hourly wage]. Please ensure that you accurately record your overtime hours on your timesheet to ensure timely and accurate compensation.

Reporting Overtime: All overtime hours must be approved by your supervisor and recorded on your timesheet. Failure to report overtime hours accurately may result in delayed or incorrect compensation.

Guidelines and Procedures: Attached to this memo, you will find detailed guidelines and procedures for reporting and tracking your overtime hours. It is important that you familiarize yourself with these guidelines to ensure compliance with company policy.

Contact Information: If you have any questions or concerns regarding the new overtime policy, please contact [contact person] at [contact information].

Thank you for your understanding and cooperation. Your dedication and hard work are greatly appreciated and crucial to our success.

Best regards,

[Your Name]
[Position]
[Department name]
[Your Company Name]

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