Premium Compensation Rate. Premium Compensation Rate of pay shall be defined as 1.5 times the employee’s regular compensation rate and shall include holiday pay for regular full and part time employees that qualify for holiday pay set forth in Article 48, on-call and overtime compensation.
Premium Compensation Rate. All hours worked in excess of forty (40) hours in a work week shall be paid at time and one-half (1 1/2) of the employee’s regular compensation rate. PTO, ESL, Holiday, Bereavement and on-call shall not be considered as time worked for the purpose of calculating overtime. Exempt employees (all employees except for Graduate Nurses and Registered Nurses) who work in excess of forty (40) hours in a work week shall be granted compensatory time off within sixty (60) days of the overtime.
Premium Compensation Rate. Limitations. Neither compensation nor compensation rates will be pyramided or compounded in computing compensation payable under this Agreement and, if more than one (1) type of premium compensation rate would otherwise apply to the same work, only the higher rate will be paid.
Premium Compensation Rate. Premium Compensation Rate of pay shall be defined as 1.5 times the employee’s regular compensation rate.
Premium Compensation Rate. A regular or part-time employee’s compensation rate for work in excess of the normal workday or workweek will be one and one-half (1 V2 ) times the employee’s regular rate of compensation.
Premium Compensation Rate. All hours worked in excess of forty (40) hours in a workweek shall be paid for at the rate of time and one-half (1 1/2) the individual Employee’s regular hourly compensation rate. There shall be no pyramiding of overtime and, if more than one (1) type of premium compensation rate would otherwise apply to the same work, only the higher rate will be paid.
Premium Compensation Rate. Except as noted in subsection N below, overtime for employees in the Alternate Work Schedules shall be calculated for work exceeding seventy- five (75) hours biweekly.
Premium Compensation Rate. Overtime Work #36 Premium compensation rate shall be defined as the regular compensation rate at time and a half (1 ½). All hours worked in excess of forty (40) hours in a week shall be paid at premium compensation rate. The premium compensation rate shall be paid if an employee, who has a ten (10) hour shift schedule, works five (5) or more consecutive ten (10) hour shifts during any period. The premium compensation rate shall be applied to the fifth and subsequent consecutive ten (10) hour shifts in such case.
Premium Compensation Rate. Premium compensation rate of pay shall be defined as the regular compensation rate at time and one half.
