RATE OF OVERTIME COMPENSATION Sample Clauses

RATE OF OVERTIME COMPENSATION. All employees shall receive overtime compensation at a premium rate of one and one-half times the regular straight time hourly rate. Compensation will be made pursuant to paragraph C. above. For the purpose of overtime, compensation shall include the certification rate. If overtime compensation is compensatory time off, compensatory time off will be accumulated at the rate of one and one-half hours for each hour worked.
Sample 1Sample 2Sample 3See All (13)
AutoNDA by SimpleDocs
RATE OF OVERTIME COMPENSATION. Operative upon the effective date of this MOU, employees in this unit whose base hourly rate (without bonuses or premiums) is at or below the 5th step base hourly rate for the class of Building Maintenance District Supervisor (Code 3190) in Council-controlled departments shall be paid at the rate of time and one half (1 ½) the employees’ regular straight time hourly rate for all hours worked in excess of forty (40) hours in any workweek including all absences with pay authorized by law. Management shall have the discretion to determine whether compensation shall be in cash or time-off.
Sample 1Sample 2See All (8)
RATE OF OVERTIME COMPENSATION. All employees covered by the overtime provisions of the Fair Labor Standards Act shall receive overtime compensation at a premium rate of 1-1/2 the regular straight-time hourly rate. Compensation will be made pursuant to subsection C. above.
Sample 1Sample 2Sample 3See All (7)
RATE OF OVERTIME COMPENSATION. Overtime shall be compensated for at the rate of one-and- one-half (1.5) times the Employee's regular rate of pay. Regular rate of pay is calculated based on Fair Labor Standards Act (FLSA) regulations. Overtime compensation may be converted to PTO at the option of the Employee at a rate of one (1) hour of overtime for one-and-one-half (1.5) hours of PTO, except that an Employee may not convert overtime to PTO once the employee has accrued two hundred and forty (240) hours of converted PTO hours (which is the equivalent of one hundred and sixty (160) overtime hours worked).
Sample 1Sample 2
RATE OF OVERTIME COMPENSATION. All employees covered by the overtime provisions of the FLSA shall receive overtime compensation at a premium rate of time and one-half (1.5) the regular straight-time hourly rate. Compensation will be made pursuant to subsection 7.C. (Overtime Compensation) above.
Sample 1

Related to RATE OF OVERTIME COMPENSATION

  • Overtime Compensation (a) Overtime worked shall be compensated at the following rates:

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

  • Compensation for Overtime 9.5.1 All overtime hours, except those overtime hours exceeding twelve (12) hours in one day, shall be compensated at a rate of pay equal to time and one-half the regular rate of pay of the employee. Those overtime hours exceeding twelve (12) in one day shall be compensated at a rate of pay equal to two times the regular pay of the employee.

  • RATE OF VACATION PAY Compensation during vacation shall be at the rate of compensation as set forth for each classification in Appendix "A" which such employee would have been entitled to receive, including premium pay, while in active service during such vacation period.

  • HOLIDAY COMPENSATION FOR TIME WORKED 102. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time and one-half the usual rate in the amount of 12 hours pay for eight hours worked or a proportionate amount for less than eight hours worked, provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions herein. 103. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of one-and-one-half times for work on the holiday.

  • Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.

  • PROFESSIONAL COMPENSATION A. The basic salaries of teachers covered by this Agreement are set forth in Appendix A which is attached to and incorporated in this Agreement. Such salary schedule shall remain in effect during the designated periods.

Time is Money Join Law Insider Premium to draft better contracts faster.