Credit Basis. An employee so electing to receive compensatory time shall be credited with one and one-half hour (1 ½) hours of compensatory time for each one (1) hour worked in excess of forty (40) hours per week. Employees may accrue no more than 240 hours of compensatory time. All overtime worked after an employee has accrued 240 hours of compensatory time shall be paid for at the rate of one and one half hour (1 ½) times the regular hourly rate.
Appears in 12 contracts
Credit Basis. An employee so electing to receive compensatory time shall be credited with one and one-half hour (1 ½) hours of compensatory time for each one (1) hour worked in excess of forty (40) hours per week. Employees may accrue no more than 240 hours of compensatory time. All overtime worked after an employee has accrued 240 hours of compensatory time shall be paid for at the rate of one and one half hour (1 ½) times the regular hourly rate.forty
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