Overtime Hourly Rate definition

Overtime Hourly Rate. The contract hourly rate for hours before 8:00 am or after 5:00 pm or all day Saturday, Sunday and State holidays (as designated in Section 110.117, Florida Statutes). The Contract is governed by budgetary restrictions. The annual reimbursement to the Vendor will be based on the unit price of the actual amount of work authorized for completion and approved by the Contract Manager. Final reimbursement shall not exceed the amount set forth in Exhibit “C”, Bid Blank, but may be less than the contract amount, since all quantities are estimated and no quantities are guaranteed. It shall be the responsibility of the Vendor to always ensure that sufficient funding remains within the maximum limiting amount established for the subject contract to complete authorized services. Any changes in the maximum limiting amount shall require execution of a Supplemental Agreement and/or Amendment. A Supplemental Agreement and/or Amendment shall be issued before making any additions or deletions to the work described in this Agreement, and before undertaking any changes or revisions to such work, the parties shall negotiate any necessary cost changes and shall enter into an Agreement covering such work and compensation. Reference herein to this Agreement shall include any amendment(s). The Vendor shall not be obligated to perform services or incur costs that would result in exceeding the contract dollar amount, except to the extent said amount is increased by a Supplemental Agreement. Execution of this Agreement does not guarantee that the work will be authorized. This is an estimated quantities contract whereby the Vendor agrees to furnish the services specified herein during the term of the contract and any renewals and extensions thereto. It is further agreed that the unit price bid by the Vendor shall remain unchanged. If the actual quantities used are less or greater than the quantity pricing bid by the Vendor, the bid unit price shall remain unchanged. The Department, based on need and availability of budget, may increase or decrease the quantity of services required of the Vendor within the general description of the project.
Overtime Hourly Rate means the overtime hourly rate as set out in Appendix C.
Overtime Hourly Rate means the relevant rate of pay applicable to the Employee’s classification as set out in the Schedule.

Examples of Overtime Hourly Rate in a sentence

  • Provided that where a Dayworker is given notice to work overtime immediately following the normal hours, and that overtime is cancelled after the employee commences that overtime, the employee will be paid a minimum of one hour at the Overtime Hourly Rate for that overtime.

  • An employee required to work on the rest day will be paid at the rate of double time of the Overtime Hourly Rate for so much of the ordinary working hours worked.

  • For Back-Up Shift Relief Workers when required to work on the Continuous Shiftwork roster for four shifts or less the employee will be paid overtime at double the Overtime Hourly Rate in accordance with this Agreement.

  • For all work outside the ordinary working hours, except on Public Holidays, authorised overtime will be paid to a Dayworker at the rate of double time of the Overtime Hourly Rate until completion of the overtime work.

  • For all work outside the ordinary hours, or in excess of the normal duration of the employee's shift, and which does not form part of the mate cover referred to in clause 17.3, authorised overtime shall be paid to a Continuous Shiftworker at the rate of double time of the Overtime Hourly Rate except in cases where such time is worked by arrangement between the employees themselves.

  • Up Shift Relief Workers when required to work on the Continuous Shiftwork roster for four shifts or less the employee will be paid overtime at double the Overtime Hourly Rate in accordance with this Agreement.

  • NOTIFICATIONS OUTSIDE OF WORK DAY cont’d (e) When an Employee is required to return to work or attend at a school or other location as referenced in Paragraph (d), a comparison shall be made between the minimum payment of the three (3) hour call out or the actual amount that would be paid to the Employee based on the applicable Regular Hourly Rate or Overtime Hourly Rate.

  • Except as provided in sub-clauses 22.1.1, double time of the Overtime Hourly Rate will be paid for all work done during meal breaks and thereafter until a meal break is taken.


More Definitions of Overtime Hourly Rate

Overtime Hourly Rate. Is defined as the Base Hourly Rate (defined in Appendix A) times one and one half.
Overtime Hourly Rate shall be the hourly rate arrived at by dividing the sum of the annual salary, annual education premium and the annual longevity pay by the number of annual duty hours scheduled for the employee.
Overtime Hourly Rate means the hourly rate to perform services during Overtime Hours.
Overtime Hourly Rate means hourly rate that is paid per hour worked in excess of their forty (40) base rate hours per week.

Related to Overtime Hourly Rate

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Per diem means a period of 7.5 hours of actual work per day. Where actual hours worked are less than 7.5 hours per day, the amount to be paid will be prorated accordingly;

  • Workweek means any week during which a Class Member worked for Defendant for at least one day, during the Class Period.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • Clock hour means either of the following:

  • Training hour means at least 50 minutes of actual learning, including, but not limited to, time devoted to lecture, learning activities, small group activities, demonstrations, evaluations, and hands-on experience.

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.

  • Work week means a seven (7) consecutive day week that consistently begins and ends on the same days throughout the year; i.e. Sunday through Saturday, Wednesday through Tuesday, Friday through Thursday.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Clock hours means the actual number of hours or time a participant spends attending the instructional portion of a training designed to develop or enhance early care and education or school–age care competencies.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Normal Working Hours means between the hours of 7:00 AM to 5:00 PM, Monday through Friday, inclusive. Saturdays, Sundays, and County holidays are excluded.

  • Working Hour means an hour between 0900 hours and 1700 hours on a Working Day.

  • Demobilization means removal of all equipment, machinery, manpower from the site after completion of the services with the due permission of EIC.

  • Hours means clock hours.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.