Rate of Compensation Non Sample Clauses

Rate of Compensation Non mandatory meetings or training, voluntarily attended by the employee, will be compensated at a straight time rate. For those days defined by ordinance as paid holidays, the rate of pay for employees working 4 & 2 schedules will be double time. For employees working a 5 & 2 schedule for the first 8 hours the rate of pay is straight time, double time for any hours beyond the first eight. The rate of pay for all other overtime will be time and one half. Overtime pay shall be compensated in 1/6th of hour increments.
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Related to Rate of Compensation Non

  • Holiday Compensation 1. Those employees working a five-day per week schedule with Saturdays and Sundays as normal days off shall receive cash payment for eight (8) hours per holiday subject to the conditions of this article.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • 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:

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