Common use of Rate and Method of Overtime Compensation Clause in Contracts

Rate and Method of Overtime Compensation. Compensation for overtime for employees in this Unit shall be for all hours worked in excess of 40 hours in a workweek including all absences with pay authorized by law. All employees in this Unit shall be compensated in time off at the rate of one and one half (1½) hours for each hour of overtime worked or in cash at one and one-half times the employee’s regular rate of pay, at the discretion of Management.

Rate and Method of Overtime Compensation. Compensation for overtime for employees in this Unit shall be for all hours worked in excess of 40 hours in a workweek including all absences with pay authorized by law. All employees in this Unit shall be compensated in time off at the rate of one and one one-half (1½1.5) hours for each hour of overtime worked or in cash at one and one-half (1.5) times the employee’s regular rate of pay, . The method of overtime compensation shall be at the discretion of Management.

Rate and Method of Overtime Compensation. Compensation for overtime for employees in this Unit shall be for all hours worked in excess of 40 hours in a workweek including all absences with pay authorized by law. All employees in this Unit shall be compensated in time off at the rate of one and one half (1½) hours for each hour of overtime worked or in cash at one and one-half times the employee’s regular rate of pay, . The method of overtime compensation shall be at the discretion of Management.