Common use of Eligibility for Compensation Clause in Contracts

Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) or to bank hours in lieu of equal time off at time and one half (1.5) or double time (dependent on how the hours were earned) for all hours worked, as outlined in Article 6.4. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. 6.3.2 The appropriate department will maintain an official ledger for overtime whether hours are banked or paid.

Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) outlined in Article 6.4 or to bank hours in lieu of equal time off at time and one half (1.5) or double time (dependent on how the hours were earned) for all hours worked, as outlined in Article 6.4authorized by Management. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. 6.3.2 The appropriate department will maintain an official ledger for overtime whether hours are banked or paid.

Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) or to bank hours in lieu of equal time off at time and one half (1.5) or double time (dependent on how the hours were earned) for all hours worked, as outlined in Article 6.4. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. 6.3.2 The appropriate department will maintain an official ledger for overtime whether hours are banked or paid.