Common use of Regular Overtime Rate Clause in Contracts

Regular Overtime Rate. As used in this Agreement is the premium rate paid for all hours actually worked by an employee which are in excess of 40 hours in a week or in excess of 204 hours in a 27-day work period that have not already been specifically guaranteed as overtime. The overtime rate is 1 1/2 times the employee’s regular rate of pay in accordance with the Fair Labor Standards Act. Any reference to overtime, time and one-half, or pay at 1 1/2 times the regular base rate in this Agreement, which is not specifically identified as “guaranteed” overtime, will be defined as regular overtime in application.

Regular Overtime Rate. As used in this Agreement is the premium rate paid for all hours actually worked by an employee which are in excess of 40 hours in a week or in excess of 204 hours in a 27-day work period cycle that have not already been specifically guaranteed as overtime. The overtime rate is 1 1/2 times the employee’s regular rate of pay in accordance with the Fair Labor Standards Act. Any reference to overtime, time and one-half, or pay at 1 1/2 times the regular base rate in this Agreement, which is not specifically identified as “guaranteed” overtime, will be defined as regular overtime in application.