Common use of FLSA-Exempt Overtime Compensation Clause in Contracts

FLSA-Exempt Overtime Compensation. Employees occupying positions which have been determined by the Agency to be executive, administrative or professional as defined by the Fair Labor Standards Act shall receive time off for authorized time worked in excess of forty (40) hours in a workweek. The rate of compensation shall be one (1) hour off for one (1) hour of overtime worked. Time off shall be used within the fiscal year earned or shall be lost. The scheduling of time off shall be consistent with provisions for requesting accrued leave time or Agency practice whichever is applicable. Nothing in this article modifies, amends or eliminates any specific language in any agreement or Agency practice to modify an employee’s work schedule during the same workweek in which authorized overtime is worked.

Appears in 8 contracts

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

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FLSA-Exempt Overtime Compensation. Employees occupying positions which have been determined by the Agency to be executive, administrative or professional as defined by the Fair Labor Standards Act shall receive time off for authorized time worked in excess of forty (40) hours in a workweek. The rate of compensation shall be one (1) hour off for one (1) hour of overtime worked. Time off shall be used within the fiscal year earned or shall be lost. The scheduling of time off shall be consistent with provisions for requesting accrued leave time or Agency practice whichever is applicable. Nothing in this article Article modifies, amends or eliminates any specific language in any agreement or Agency practice to modify an employee’s work schedule during the same workweek in which authorized overtime is worked.

Appears in 1 contract

Samples: Letter of Agreement

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FLSA-Exempt Overtime Compensation. Employees occupying positions which have been determined by the Agency to be executive, administrative or professional as defined by the Fair Labor Standards Act shall receive time off for authorized time worked in excess of forty (40) hours in a workweek. The rate of compensation shall be one (1) hour off for one (1) hour of overtime worked. Time off shall be used within the fiscal year earned or shall be lost. The scheduling of time off shall be consistent with provisions for requesting accrued leave time or Agency practice whichever is applicable. Nothing in this article modifies, amends or eliminates any specific language in any agreement or Agency practice to modify an employee’s work schedule during the same workweek in which authorized overtime is worked. .

Appears in 1 contract

Samples: Letter of Agreement

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