Common use of Compensation Rate Clause in Contracts

Compensation Rate. Compensation for overtime work will be at either a) one and one‐half (1½) times the regular straight time rate, or b) Compensatory Time Off (CTO) at one and one‐half (1½) times the hours worked, at the request of the employee. Calculation of overtime is only based upon hours worked.

Appears in 11 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Compensation Rate. Compensation for overtime work will be at either a) one and one‐half (1 ½) times the regular straight time rate, or b) Compensatory Time Off (CTO) at one and one‐half (1 ½) times the hours worked, at the request of the employee. Calculation of overtime is only based upon hours worked.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Compensation Rate. Compensation for overtime work will be at either a) one and one‐half (1½) times the regular straight time rate, or b) Compensatory Time Off (CTO) at one and one‐half (1½) times the hours worked, at the request of the employee. Calculation of overtime is only based upon hours worked.

Appears in 2 contracts

Samples: Memorandum of Understanding, nidwater.specialdistrict.org

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