Common use of Eligibility for Overtime Compensation Clause in Contracts

Eligibility for Overtime Compensation. Employees shall receive time and one-half (1 1/2) their regular hourly rate unless the position is executive, professional or technical as these words are defined by the Fair Labor Standards Act. If the position is determined to be professional, administrative or executive, compensation of overtime shall be received as comp time at one hour for every hour worked in excess of eight (8) or forty (40).

Appears in 7 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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