OVERTIME ACCRUALS Clause Samples

The OVERTIME ACCRUALS clause defines how overtime hours worked by employees are calculated and recorded. Typically, it specifies the conditions under which overtime is recognized, such as hours worked beyond the standard workweek, and outlines the process for tracking and compensating these additional hours, whether through extra pay or time off in lieu. This clause ensures that both employers and employees have a clear understanding of overtime entitlements, helping to prevent disputes and ensure compliance with labor regulations.
OVERTIME ACCRUALS. All employees covered by this Agreement working the schedules set forth in Sections 1001 and 1002-E shall receive overtime compensation in the form of a cash payment at the applicable overtime rate for all time worked, or deemed to have been worked because of authorized paid leaves of absence, in excess of their regularly scheduled work shift or in excess of forty (40) hours in a seven (7) day work period. All overtime earned for hours actually worked in excess of forty (40) hours in a seven (7) day work period shall be compensated at the FLSA Overtime Rate as defined in subparagraph 1 of Section 1103. All other overtime shall be compensated at the Contract Overtime Rate as defined in subparagraph 2 of Section 1103.
View SourceView Similar (8)
OVERTIME ACCRUALS. All employees covered by this Agreement working the schedule set forth in Section 1001 shall receive overtime compensation in the form of a cash payment at time and one-half times their regular rate of pay for all time worked or deemed to have been worked because of authorized paid leaves of absence, in excess of their regularly scheduled work shift or in excess of 40 hours in a seven (7) day work period.
View SourceView Similar (2)

Related to OVERTIME ACCRUALS

  • Sick Leave Accrual All eligible employees shall accrue sick leave at the rate of four (4) hours per pay period of continuous employment beginning with their date of eligibility. Eligible employees being paid for less than a full eighty (80) hour pay period shall have sick leave accruals pro-rated in accord with the schedule set forth in Appendix D.

  • Annual Leave Accrual If an employee leaves State Classified employment and is later rehired, he/she shall accrue annual leave at the same rate as a new hire. However, once a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for annual leave accrual. The only exception shall be for employees rehired who repay severance pay received.

  • Accruals All material accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, federal or provincial pension plan premiums, accrued wages, salaries and commissions and payments for any plan for any officer, director, employee or consultant of the Corporation have been accurately reflected in the books and records of the Corporation.

  • Leave Accrual After the first 30 days of active military service in any one calendar year, employees shall not accrue City-paid vacation, holiday, or sick leave benefits or other forms of paid leave; provided, however, that any public employee on military leave for intermittent training periods shall continue to accrue the same vacation, sick, and holiday leave up to a maximum period of 180 cumulative days per calendar year as if the employee had not been on military leave.

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.