Computation of Overtime Rate Sample Clauses

Computation of Overtime Rate. A member's regular rate of pay for purposes of computation of overtime shall be calculated to include, as applicable, the following:
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Computation of Overtime Rate. Overtime pay shall be computed as one and one half (1 ½) times the officer's base hourly rate. All officer base hourly rate shall be determined by dividing the officer's yearly base pay then in effect by two thousand eighty (2080).
Computation of Overtime Rate. Overtime pay shall be computed as one half (1 ½) times the employee’s base hourly rate. All employees base hourly rate, regardless of what type of schedule they are working, shall be determined by dividing the employee’s yearly base pay then in effect by two thousand eighty (2,080) hours.
Computation of Overtime Rate. 1. The overtime rate for all employees except Public Safety Telecommunicators shall be one and one-half times the employees' hourly rate. The hourly rate shall be calculated as the employee's base salary, exclusive of longevity and stipends, divided by 1820 extended to three decimal places.

Related to Computation of Overtime Rate

  • Computation of Overtime In computing overtime a period of thirty (30) minutes or less shall be counted as one-half (½) hour and a period of more than thirty (30) minutes but less than sixty (60) minutes shall be counted as one (1) hour.

  • 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).

  • Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

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