Consistent with the provisions of chapter 615 of the Laws of 1967 and the applicable provisions of the Federal Fair Labor Standards Act, officers and employees of the State, except those who serve in positions excluded from coverage under section 135.2, shall receive compensation for work performed in excess of 40 hours per week at a rate equal to one and one-half times their hourly rate of pay as provided in section 135.8. It is the policy of the State that overtime work be held to a minimum consistent with the needs and requirements of sound and orderly administration of State government. The State requires supervisors to hold overtime work to such a minimum by the proper scheduling and assignment of activities, simplification of work processes and requiring compliance with realistic standards of performance.