BASIC HOURLY RATE - OVERTIME RATE Sample Clauses

BASIC HOURLY RATE - OVERTIME RATE. (i) Subject to clause 7.01(f), for Permanent Employees, overtime shall be paid for all hours worked in excess of 160 hours in a four (4) week period. The parties agree that this shall constitute an overtime averaging agreement for the purposes of the Employment Standards Act, Sec. 22.
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Related to BASIC 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.

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

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

  • 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.

  • 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.

  • Daily Rate of Pay In applying these provisions an employee's daily rate of pay shall be the daily rate including career increments at the time of retirement, as provided in the basic salary schedule for the fiscal year, and shall not include any additional compensation for overtime, or other extra compensation.

  • Hourly Rate Divisor The hourly rate for the purposes of the calculation of overtime is the weekly all- purpose rate divided by 36.

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