Common use of Exempt Clause in Contracts

Exempt. A salaried exempt technical or professional employee shall receive additional compensation for overtime hours worked beyond forty (40) hours a week and shall be paid at the straight time rate of one (1) times base hourly rate of pay. Hours worked on a Holiday will be paid up to a maximum of 8 hours at straight time in addition to the normal Holiday pay. For purposes of overtime payment, the hourly rate computation for salaried employees is derived by dividing the employee’s annual salary by 2080 hours. If a salaried exempt employee is unable to work their entire day according to their approved work schedule, they are expected to make up time during the same work week, when possible. This requires Supervisor’s approval, must be work that is value- added, and supervision is provided, when needed. PTO should be used if hours cannot be made up.

Exempt. A salaried exempt technical or professional employee shall receive additional compensation for overtime hours worked beyond forty (40) hours hours a week and shall be paid at the straight time rate of one (1) times base hourly rate of pay. Hours worked on a Holiday will be paid up to a maximum of 8 hours at straight time in addition to the normal Holiday pay. For purposes of overtime payment, the hourly rate computation for salaried employees is derived by dividing the employee’s annual salary by 2080 hours. If a salaried exempt employee is unable to work their entire day according to their approved work schedule, they are expected to make up time during the same work week, when possible. This requires Supervisor’s approval, must be work that is value- added, and supervision is provided, when needed. PTO should be used if hours cannot be made up.