1--You have to pay them for any work performed over 40 hours perk week at 1.5 times agreed hourly rate ? 2--Provide workman comp insurance?
There is no minimum number of employees before you are required to pay overtime for hours worked over 40 per week. Workers compensation is not required in Texas in most cases. Check www.tdi.texas.gov for more information on worker's comp in Texas.
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Real Estate Attorney
Take a look at the Fair Labor Standards Act (federal law), that regulates in part overtime for certain type of employees. It is a common way to recover overtime from employers.
You may want to check out the Texas Workforce Commission (TWC) website--you should be able to get the employer information you need from the TWC in most circumstances.
This answer is offered as a public service for general information only and should not be relied upon as legal advice.