Overtime Rate definition

Overtime Rate for the purposes of the Overtime Clause and Number of Performances Clause shall be based on the Performer’s Negotiated Weekly Rate of Pay or the Negotiated Casual Rate of Pay provided that, for the purposes of this definition, where the Performer’s Negotiated Weekly Rate of Pay or Negotiated Casual Rate of Pay is in excess of 133.33% of the applicable Minimum Rate then the Performer’s Negotiated Weekly Rate of Pay or Negotiated Casual Rate of Pay will, for the purposes of calculating the relevant entitlements be deemed to be 133.33% of the Minimum Rate (for avoidance of doubt 133.33% means the Minimum Rate plus an additional 33.33%).
Overtime Rate means the basic hourly rate of pay multiplied by one and one-half.
Overtime Rate. The FLSA Overtime Rate is equal to one and one-half times the regular rate of pay as set forth in the Fair Labor Standards Act.

Examples of Overtime Rate in a sentence

  • Per Article 20.2 of the Collective Bargaining Agreement Union No. 125 Contract, overtime is paid at the Overtime Rate for a minimum of one hour.

  • All other hours worked on a Sunday will be paid at the Time and One-Half Overtime Rate or the Double Time Overtime Rate, as appropriate.

  • Overtime Rate – This rate applies to the first 4 hours worked in excess of the normal 8 hour period during which the Standard Rate applies and the first 12 hours on Saturday.

  • All overtime earned for hours actually worked in excess of forty (40) hours in a seven (7) day work period shall be compensated at the FLSA Overtime Rate as defined in subparagraph 1 of Section 1103.

  • All other overtime shall be compensated at the Contract Overtime Rate as defined in subparagraph 2 of Section 1103.


More Definitions of Overtime Rate

Overtime Rate. The Contract Overtime Rate is equal to one and one-half times the regular rate of pay as set forth in the Fair Labor Standards Act but shall not take into account the hourly pay increases (retirement salary offsets) set forth below that were provided in Sections 501-A, B, & C of the previous Agreement between the parties that expired June 2, 2018:
Overtime Rate means the basic hourly rate time two (2). Wage Scales
Overtime Rate refers to the rate, as set forth in Appendix B, Payment Provisions, used to calculate Overtime Pay, which the Contractor may xxxx and the Judicial Council or Participating JBE will pay, if the Assigned Personnel provided work within scope of the Order, in excess of a normal 8-hour work-day, when such overtime was pre-approved by the Reports To.
Overtime Rate shall be equal to one and one half (1 ½) times the Employee’s hourly wages for the first three (3) hours of overtime and two
Overtime Rate means (i) for the first twenty (20) hours of Support Services and/or Professional Services performed outside of Normal Working Hours in any calendar week (other than those performed on a public holiday), one and one-half times (1.5x) the standard rate set out in the Order Form, and (iii) for all Support Services and/or Professional Services performed outside of Normal Working Hours during a calendar week in excess of twenty (20) hours or performed on a public holiday in the location where such Support Services or Professional Services are being performed, twice (2x) the standard rate set out in the Order Form;
Overtime Rate means the: The rate of pay an employee receives for working overtime, such to be calculated at one and one-half times the hourly rate of the employee. It shall be noted, however, that the overtime rate shall be paid only when the overtime hours an employee actually works (compensatory leave and holiday pay included) exceed forty (40)or thirty-seven point five (37.5) hours in a standard work week. Otherwise, the rate of pay an employee receives for working overtime shall be at the regular rate.regular hourly rate of the employee.
Overtime Rate means "one and one-half (1 1/2) times the sworn Member's current hourly rate."