Common use of Liquidation of Overtime Clause in Contracts

Liquidation of Overtime. Overtime may be liquidated as cash or compensatory time off at the option of the Appointing Authority who shall consider the desires of the employee. Overtime hours which are liquidated in cash shall be liquidated on the same or immediately following payroll abstract for the payroll period in which it was earned. Overtime hours which are liquidated as compensatory time off shall be governed by Section 1(F) above.

Liquidation of Overtime. Overtime may All overtime hours shall be compensated at the rate of time and one half. Such overtime shall be liquidated as in cash or compensatory time off at unless the option of employee and the Appointing Authority who shall consider the desires of the employeemutually agree to compensatory time off. Overtime hours which are liquidated in cash shall be liquidated on the same or immediately following payroll abstract for the payroll period in which it was earned. Overtime hours which are liquidated as compensatory time off shall be governed by Section 1(F) above.