Common use of Compensation for Overtime Worked Clause in Contracts

Compensation for Overtime Worked. (i) Overtime rates shall be paid at the rate of one and one-half (1 1/2) times the regular rate of pay. When an employee is required to work overtime immediately subsequent to a ten (10) hour shift, the rate shall be one and one-half (1½) times the regular rate for the first four (4) hours and double (2) times the regular rate of pay for all consecutive hours worked thereafter or the equivalent time in lieu. Accumulated unused time in lieu shall be paid out quarterly (1/4). Maximum carry-over, per quarter (1/4) shall be forty

Compensation for Overtime Worked. (i) Overtime rates shall be paid at the rate of one and one-one- half (1 1/2) times the regular rate of pay. When an employee is required to work overtime immediately subsequent to a ten (10) hour shift, the rate shall be one and one-half (1½) times the regular rate for the first four (4) hours and double (2) times the regular rate of pay for all consecutive hours worked thereafter or the equivalent time in lieu. Accumulated unused time in lieu shall be paid out quarterly (1/4). Maximum carry-carry over, per quarter (1/4) shall be fortyforty (40) hours unless an alternate arrangement is mutually agreed to.