Premium Compensation Rate - Overtime Work Sample Clauses
The Premium Compensation Rate - Overtime Work clause establishes the requirement for employees to receive higher pay rates for hours worked beyond their standard schedule. Typically, this means that any work performed over a set number of hours per day or week is compensated at a premium rate, such as time-and-a-half or double time, depending on company policy or legal requirements. This clause ensures that employees are fairly compensated for extra work and helps employers comply with labor laws regarding overtime, thereby protecting both parties and discouraging excessive overtime demands.
Premium Compensation Rate - Overtime Work. The Hospital conforms to the Fair Labor Standards Act (FLSA). All employees shall be compensated at time and one-half (1 1/2) for all hours worked in excess of forty (40) hours. Overtime pay and other premium pay shall not be pyramided. Such overtime hours shall be compensated either by (a) pay through direct deposit, or (b) compensatory time off; at the rate of one and one-half (1 1/2) hours for each hour worked, at the option of the Hospital. For the purpose of computing overtime, all holidays paid for but not worked and hours of paid leave, excluding paid sick time, shall be counted as hours worked. All paid sick time shall not be counted as hours worked for overtime purposes. For twelve hour staff, holiday hours paid for but worked shall be counted for overtime purposes. These hours shall be counted on an hour for hour basis towards the forty (40) hours.
Premium Compensation Rate - Overtime Work. A. NON-EXEMPT STAFF The University conforms to the Fair Labor Standards Act (FLSA) for Public Employment. All non-exempt staff members shall be compensated at time and one-half (1-1/2) for all time worked in excess of forty (40) hours for the week. Such overtime shall be compensated, at the University’s option, either by (a) payment, or (b) compensatory time off. For the purpose of computing overtime, all time worked on a holiday will be counted toward computing overtime. This will not affect the payment of the holiday premium paid for working a holiday. All holidays paid for but not worked will not be counted as time worked for the purpose of computing overtime.
B. EXEMPT STAFF Exempt staff members are not eligible for overtime payment. Compensatory time off for exempt staff members shall be in accord with current university policy.
Premium Compensation Rate - Overtime Work. A. Non-Exempt Staff The University conforms to the Fair Labor Standards Act (FLSA) for Public Employment. All non-exempt staff members shall be compensated at time and one- half (1-1/2) for all time worked in excess of forty (40) hours for the week. Such overtime shall be compensated, at the University’s option, either by (a) payment, or
Premium Compensation Rate - Overtime Work. The Hospital conforms to the Fair Labor Standards Act (FLSA) for public employment. All non-exempt staff members shall be compensated at time and one-half (1 ½) for all hours worked in excess of forty
Premium Compensation Rate - Overtime Work. The University conforms to the Fair Labor Standards Act (FLSA) for public employment. Effective January 1, 1997, all non-exempt staff members shall be compensated at time and one-half (1½) for all hours worked in excess of forty (40) hours. Such overtime hours shall be compensated either by (a) cash, or (b) compensatory time off. Beginning January 1, 1997, for the purpose of computing overtime, all holidays paid for both unworked and hours of paid leave except sick time, shall be counted as hours worked. Overtime pay and other premium pay shall not be pyramided. An exempt employee who works a “full day” beyond his/her regular work week shall be granted a comp day for said day provided that the employee notifies his/her supervisor in writing of the operational necessity to work beyond his/her regular work week and receives the supervisor’s prior approval to do so. For the purpose of this provision, a “full day” shall be defined as the employee’s regular daily hours of work. Comp days may not be earned fractionally. Comp days must be used prior to vacation days and float days and by the end of the quarter following the quarter in which they are earned.
Premium Compensation Rate - Overtime Work. The University conforms to the Fair Labor Standards Act (FLSA) for public employment. All non-exempt staff members shall be compensated at time and one-half (1½) for all hours worked in excess of forty (40) hours. Such overtime hours shall be compensated either by (a) cash, or (b) compensatory time off. All unworked but paid holidays shall be counted as hours worked for overtime and all paid vacation time shall be counted as hours worked for overtime purposes. However, paid sick time shall not be counted as hours worked for overtime purposes. Overtime pay and other premium pay shall not be pyramided. An exempt employee who works a “full day” beyond his/her regular work week shall be granted a comp day for said day provided that the employee notifies his/her supervisor in writing of the operational necessity to work beyond his/her regular work week and receives the supervisor’s prior approval to do so. For the purpose of this provision, a “full day” shall be defined as the employee’s regular daily hours of work. Comp days may not be earned fractionally. Comp days must be used prior to vacation days and float days and by the end of the quarter following the quarter in which they are earned.
Premium Compensation Rate - Overtime Work. Premium compensation rate shall be defined as the regular compensation rate at time and a half (1 1/2). All hours worked in excess of forty (40) hours in a week shall be paid at premium compensation rate.
Premium Compensation Rate - Overtime Work. The Hospital conforms to the Fair Labor Standards Act (FLSA). All employees shall be compensated at time and one-half (1 ½) for all hours worked in excess of forty (40) hours in a week. Overtime pay and other premium pay shall not be pyramided. Such overtime hours shall be compensated either by (a) cash, or (b) compensatory time off; at the rate of one and one-half (1 ½) hours for each hour worked, at the option of the Hospital. For the purpose of computing overtime, Vacation time, UH Sick time, New Jersey Earned Sick Leave, Holiday time, Float Holiday time, Bereavement time, Jury Duty, Administrative Leave with Pay time, Military Pay, Infection Control time, Workers Compensation Hours, time spent at conference/class/seminar, Union Activity time, In- house class/Orientation time, and FMLA Leave paid with sick, float, or vacation will not count as “time worked” in reaching the forty (40) hour threshold per week for premium overtime pay. The payment of time and a half (1 ½) for working on a premium holiday is not affected. All paid sick time shall not be counted as hours worked for overtime purposes. For the purpose of this provision, each staff member is expected to be available for overtime work. A staff member who refuses an overtime assignment shall be considered to have worked for the purpose of determining equal distribution of overtime. Once a staff member is scheduled and accepts an overtime assignment, staff members shall be subject to all Hospital rules, regulations, and policies, and the appropriate provisions of this Agreement. When scheduled to work overtime, staff members are not permitted to call out New Jersey ▇▇▇▇▇▇ ▇▇▇▇ Leave. For twelve-hour staff, holiday hours paid for but worked shall be counted for overtime purposes. These hours shall be counted on an hour for hour basis towards the forty (40) hours.
Premium Compensation Rate - Overtime Work. The University conforms to the Fair Labor Standards Act (FLSA). All non-exempt employees shall be compensated at time and one-half (1 1/2) for all hours worked in excess of forty (40) hours. Overtime pay and other premium pay shall not be pyramided. Such overtime hours shall be compensated either by (a) cash, or (b) compensatory time off; at the rate of one and one-half (1 1/2) hours for each hour worked, at the option of the University. For the purpose of computing overtime, all holidays paid for but not worked and hours of paid leave, excluding paid sick time, shall be counted as hours worked. All paid sick time shall not be counted as hours worked for overtime purposes.
Premium Compensation Rate - Overtime Work. All hours worked in excess of seventy-five (75) hours in a biweekly pay period shall be paid for at the rate of time and one-half (1½) the individual employee's regular compensation rate. Regular part-time employees who volunteer for and work a second (2nd) consecutive full shift following a straight time shift or who, following a 11.5 hour straight time shift volunteer for and work at least an additional consecutive four