Calculation of Overtime Rate Sample Clauses

Calculation of Overtime Rate. Should the hourly rate arrived at result in a fraction of one cent; it shall be taken to the next highest full cent before multiplying the applicable overtime rate.
Calculation of Overtime Rate. For the purpose of calculating the hourly rate, an employee's biweekly rate shall be divided by seventy (70) for employees on thirty-five (35) hours per week, and multiplied by the applicable overtime rate. Should the hourly rate arrived at result in a fraction of one (1) cent, it shall be taken to the next highest full cent before multiplying the applicable overtime rate.
Calculation of Overtime Rate a) For the purpose of calculating the hourly rate, an employee's biweekly rate shall be divided by seventy (70) for employees on thirty-five (35) hours per week, and multiplied by the applicable overtime rate.
Calculation of Overtime Rate. A. The City will apply the “Fair Labor Standards Act (FLSA) regular rate of pay” to all hours actually worked in excess of forty hours in the FLSA workweek as defined by the FLSA, including all special assignment pays, premium pays, shift differentials and all other compensation as required by the FLSA in its calculations of statutory overtime compensation.
Calculation of Overtime Rate. All hours consecutively worked by a full-time employee in excess of the employee's regularly scheduled work week or normal duty tour, but less than sixteen consecutive hours, shall be compensated at one and one-halftim es such employee’s regular rate of pay. Section 1b Provision for Double Time Rate A full-xxx e employee who works in excess of sixteen consecutive hours shall be paid at the rate of two times his/her regular rate of pay for all time worked in excess of the sixteen consecutive hours.
Calculation of Overtime Rate. The Artist’s single-time hourly rate for overtime is the lesser of: their weekly Salary divided by the maximum working hours in the Week (40, 43 or 46 as determined by Clause 7) or the Ceiling Salary divided by the maximum working hours in the Week (40, 43 or 46 as determined by Clause 7).
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Related to Calculation of 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.

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

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

  • Determination of Rate of Interest and calculation of Interest Amounts The Agent will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period. The Agent will calculate the amount of interest (the Interest Amount) payable on the Floating Rate Notes for the relevant Interest Period by applying the Rate of Interest to:

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