Common use of Overtime Rate Clause in Contracts

Overtime Rate. The hourly rate is the employee's regular monthly gross wage divided by 229.67. For purposes of this Agreement, the regular gross monthly wage rate is that rate paid for employee's regular schedule of one hundred ninety-two (192) hours for their twenty-four (24) day FLSA work period, but does not include the premium pay for the hours worked in excess of one hundred eighty-two (182) for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 4 contracts

Samples: Letter of Agreement, Letter of Agreement, Collective Bargaining Agreement

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Overtime Rate. The straight time hourly rate is the employee's regular monthly gross wage divided by 229.67. For purposes of this Agreementagreement, the regular gross monthly wage rate is that rate paid for the employee's regular schedule of one hundred ninetyand eighty-two (192182) hours for their twenty-four (24) day FLSA work period, but does not include the premium pay for the hours worked in excess of one hundred and eighty-two (182) hours for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 3 contracts

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

Overtime Rate. The hourly rate is the employee's regular monthly gross wage divided by 229.67. For purposes of this Agreementagreement, the regular gross monthly wage rate is that rate paid for employee's regular schedule of one hundred ninety-two (192) 216 hours for their twenty-four seven (2427) day FLSA work period, but does not include the premium pay for the hours worked in excess of one hundred eighty-two (182) 204 hours for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Overtime Rate. The hourly rate is the employee's regular monthly gross wage divided by 229.67. For purposes of this Agreement, the regular gross monthly wage rate is that rate paid for employee's regular schedule of one two hundred ninety-two sixteen (192216) hours for their twenty-four twenty- seven (2427) day FLSA work period, but does not include the premium pay for the hours worked in excess of one two hundred eighty-two four (182204) for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Letter of Agreement

Overtime Rate. The straight time hourly rate is the employee's regular monthly gross wage divided by 229.67. For purposes of this Agreementagreement, the regular gross monthly wage rate is that rate paid for employee's regular schedule of one hundred ninety-two (192) 216 hours for their twenty-four seven (2427) day FLSA work period, but does not include the premium pay for the hours worked in excess of one hundred eighty-two (182) 204 hours for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 2 contracts

Samples: Letter of Agreement, Letter of Agreement

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Overtime Rate. The hourly rate is the employee's employee‟s regular monthly gross wage divided by 229.67. For purposes of this their Agreement, the regular gross monthly wage rate is that rate paid for employee's employee‟s regular schedule of one hundred ninetyone-hundred-eighty-two (192182) hours for their twenty-twenty- four (24) day FLSA work period, but does not include the premium pay for the hours worked in excess of one hundred one-hundred-eighty-two (182) for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 1 contract

Samples: Letter of Agreement

Overtime Rate. The hourly rate is the employee's regular monthly gross wage divided by 229.67. For purposes of this Agreement, the regular gross monthly wage rate is that rate paid for employee's regular schedule of one hundred ninety-two (192) hours for their twenty-twenty- four (24) day FLSA work period, but does not include the premium pay for the hours worked in excess of one hundred eighty-two (182) for that same period. Overtime shall be paid monthly along with the regular pay schedule.

Appears in 1 contract

Samples: Letter of Agreement

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