What does overtime mean on payslip?

Overtime on a payslip refers to the additional hours worked beyond an employee's standard working hours, which are typically defined by their contract or company policy. These hours are usually compensated at a higher pay rate, often referred to as "overtime pay." The payslip will typically itemize the number of overtime hours worked and the corresponding pay, reflecting the employee's extra earnings for that period. This ensures transparency and clarity regarding compensation for additional work.