Common use of Institutional Employees Premium Clause in Contracts

Institutional Employees Premium. ‌ An eligible employee in Classes 005065, 005068, 005069 or 005090, with a normal full- time schedule of eighty (80) or eighty-four (84) working hours biweekly pay period who works in a twenty-four (24) hour institutional facility work location specifically designated below receive additional compensation at a rate approximately two and one-half percent (2.5) above the employee’s regular base rate for such assignment. This premium shall apply to time worked and shall not apply toward paid time off or to terminal pay.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

AutoNDA by SimpleDocs

Institutional Employees Premium. An eligible employee in Classes 0050655065, 0050685068, 005069 5069 or 0050905090, with a normal full- full-time schedule of eighty (80) or eighty-four (84) working hours biweekly pay period who works in a twenty-twenty four (24) hour institutional facility work location specifically designated below receive additional compensation at a rate approximately two and one-half percent (2.5) above the employee’s regular base rate for such assignment. This premium shall apply to time worked and shall not apply toward paid time off or to terminal pay.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Institutional Employees Premium. An eligible employee in Classes 0050655065, 0050685068, 005069 5069 or 0050905090, with a normal full- full-time schedule of eighty e ighty (80) or eighty-four (84) working hours biweekly pay period who works in a twenty-twenty four (24) hour institutional facility work location specifically designated below receive additional compensation assignment shall be paid at a rate approximately which is two and one-half percent (2.5%) above the employee’s regular base rate for such assignment. This premium shall apply to time worked and shall not apply toward paid time off or to terminal payhigher than their hourly rate.

Appears in 1 contract

Samples: Memorandum of Agreement

AutoNDA by SimpleDocs

Institutional Employees Premium. ‌ An eligible employee in Classes 0050655065, 0050685068, 005069 5069 or 0050905090, with a normal full- full-time schedule of eighty (80) or eighty-four (84) working hours biweekly pay period who works in a twenty-twenty four (24) hour institutional facility work location specifically designated below receive additional compensation at a rate approximately two and one-half percent (2.5) above the employee’s regular base rate for such assignment. This premium shall apply to time worked and shall not apply toward paid time off or to terminal pay.

Appears in 1 contract

Samples: Memorandum of Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.