Base Hourly Rate – Overtime Rate Sample Clauses

Base Hourly Rate – Overtime Rate. The termbase hourly rate,” “regular hourly rate,” or “straight time rateas used in this Agreement, shall mean the base hourly wage rate of the employee exclusive of shift differential and is calculated by dividing the weekly rates in Article 27 by forty (40) hours. The term “overtime rate” shall mean one and one-half (1 1/2) times the base hourly rate. The overtime rate thusly calculated shall apply to all hours worked in excess of the regularly scheduled work week.
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Related to Base Hourly Rate – Overtime Rate

  • Overtime Rate In accordance with the applicable wage and hour laws, the overtime rate will be one and one-half (1-1/2) of an employee’s regular rate of pay. The regular rate of pay will not include any allowable exclusions.

  • Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).

  • Hourly Rate (A) The amounts shall be computed by multiplying the appropriate hourly rates prescribed in the contract by the number of direct labor hours performed. Fractional parts of an hour shall be payable on a prorated basis.

  • Mileage Rates The mileage rate shall be the maximum allowed by the Internal Revenue Service. If the IRS rate should change during the term of the contract, the contract rate shall change also on the date specified by the IRS.

  • Mileage Rate The mileage rate for authorized travel – based on State of Florida rates on the Effective Date of this Agreement – is $0.445 per mile.

  • Pay Rate Sick leave pay shall be at the shift straight-time hourly rate.

  • E-RATE Authorized users who receive E-rate funding are encouraged to review Universal Service Fund rules and regulations to verify the applicability of this Contract to the E-rate program. NEW YORK STATE RIGHTS OGS Reserved Rights New York State reserves the right to:

  • Y-Rate The Board of Supervisors may adopt a Y-rate to apply to: (1) an employee who would suffer an actual decrease in salary as a result of action taken by the County, without fault or inability on the part of the employee, or (2) an employee who is changing from one (1) class series to another, as a normal consequent of career development through the County's upward mobility program, and the salary of the class the employee enters in the new class series is less than the salary the employee was receiving in the former class. A Y-rate means a salary rate, for an individual employee, which is greater than the established range for the class.

  • Base Rates Attached to and made a part of this Agreement is Appendix A which sets forth the straight-time hourly rates for all employees covered by this Agreement.

  • BASE PAY RATE The employee's basic hourly rate exclusive of overtime premium, shift premium, stability or any other special allowances.

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