Common use of Weekly Overtime Rate Clause in Contracts

Weekly Overtime Rate. All work performed by non-exempt employees in excess of forty (40) hours in any work week shall be compensated at the rate of one and one-half (1½) times their regular hourly rate of pay. The usage of accrued sick leave, vacation benefit, or holiday shall be considered time worked when performing daily overtime calculations.

Appears in 2 contracts

Samples: Letter of Agreement, Letter of Agreement

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Weekly Overtime Rate. All work performed by non-exempt employees in excess of forty (40) hours in any work week workweek shall be compensated at the rate of one and one-half (1½) times their regular hourly rate of pay. The usage of accrued sick leave, vacation benefit, or holiday shall be considered time worked when performing daily overtime calculations.

Appears in 1 contract

Samples: Letter of Agreement

Weekly Overtime Rate. All work performed by non-exempt employees in excess of forty (40) hours in any work week workweek shall be compensated at the rate of one and one-half (1½) times their regular hourly rate of pay. The usage of accrued sick leave, vacation benefit, or holiday shall be considered time worked when performing daily overtime calculations.

Appears in 1 contract

Samples: Letter of Agreement

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Weekly Overtime Rate. All work performed by non-exempt employees in excess of forty (40) hours in any work week shall be compensated at the rate of one and one-half times (1-1/2x) times their regular hourly rate of pay. The usage of accrued sick leave, vacation benefit, or holiday shall be considered time worked when performing daily overtime calculations.

Appears in 1 contract

Samples: Letter of Agreement

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