Overtime Rates of Compensation Sample Clauses

Overtime Rates of Compensation. (a) Overtime shall be compensated at the following rates: (1) time and one-half for the first two hours of overtime on a regularly scheduled workday; (2) double-time for all hours worked in excess of two hours on a regularly scheduled workday. (b) No overtime will be paid unless specifically authorised by a Zone Supervisor or other supervisor. (c) All time worked in excess of eight hours in a day will be overtime rates which shall be at time and one-half for the first two hours and double-time thereafter. (d) All hours worked in excess of 40 hours in a week between Sunday (12:01 a.m.) and following Saturday midnight will be at overtime rates which shall be at time and one-half for the first eight hours and double-time thereafter. (e) Where an employee does not have 32 consecutive hours free from work in a week, he/she will be paid double-time for time worked during the 32 hour period.
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Overtime Rates of Compensation. Overtime shall be compensated at the following rates: (a) Time and one-half for the first two (2) hours of overtime on a regularly scheduled workday. (b) Double time for all hours worked in excess of two (2) on a regularly scheduled work day. No overtime will be paid unless specifically authorised by a Zone Supervisor or other supervisor. All time worked in excess of eight (8) hours in a day will be overtime rates which shall be at one and one- half (1-½) times for the first two (2) hours and two (2) times thereafter, based on the employee's regular hourly rate. All hours worked in excess of forty (40) hours in a week will be at overtime rates which shall be at one and one-half (1-½) times for the first eight (8) hours and two (2) times thereafter, based on the employee's regular hourly rate.
Sample 1
Overtime Rates of Compensation. Overtime shall be compensated at the following rates: (a) Time and one-half for the first two (2) hours of overtime on a regularly scheduled workday. (b) Double time for all hours worked in excess of two (2) hours on a regularly scheduled work day. No overtime will be paid unless specifically authorised by a Zone Supervisor or other supervisor. All time worked in excess of eight (8) hours in a day will be overtime rates which shall be at one and one- half (1½) times for the first two (2) hours and two (2) times thereafter, based on the employee's regular hourly rate. All hours worked in excess of forty (40) hours in a week will be at overtime rates which shall be at one and one-half (1½) times for the first eight (8) hours and two (2) times thereafter, based on the employee's regular hourly rate. Where an employee does not have thirty-two (32) consecutive hours free from work in a week, he/she will be paid double the regular rate for time worked during the thirty-two (32) hour period.
Sample 1

Related to Overtime Rates of Compensation

  • Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

  • Basis of Compensation The Owner shall compensate the Architect/Engineer for the services provided in accordance with Article 7. Payments to the Architect/Engineer shall be as follows:

  • Overtime Rate In accordance with the applicable wage and hour laws, the overtime rate will be one and one-half (1-1/2) of an employee’s regular rate of pay. The regular rate of pay will not include any allowable exclusions.

  • Holiday Compensation Compensation for each paid holiday day not taken out is 4.6 % of the current monthly salary and holiday supplement according to 9.4.1 and 9.4.

  • HOLIDAY COMPENSATION FOR TIME WORKED 110. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time-and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions of Section III.E.2. 111. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if: 4.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 4.2. In the preceding fiscal year, Contractor received:

  • Overtime Compensation 1. Except as provided in this section, Grantee will be responsible for any obligations of premium overtime pay due employees. Premium overtime pay is defined as any compensation paid to an individual in addition to the employee’s normal rate of pay for hours worked in excess of normal working hours. 2. Funds provided under this Contract may be used to pay the premium portion of overtime only under the following conditions: i. With the prior written approval of System Agency; ii. Temporarily, in the case of an emergency or an occasional operational bottleneck; iii. When employees are performing indirect functions, such as administration, maintenance, or accounting; iv. In performance of tests, laboratory procedures, or similar operations that are continuous in nature and cannot reasonably be interrupted or otherwise completed; or v. When lower overall cost to System Agency will result.

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

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