Common Contracts
1 similar Compensatory Time Agreement contracts
Department of Pediatrics’ Compensatory Time AgreementCompensatory Time Agreement • July 20th, 2015
Purpose: To convert overtime hours worked to compensatory time, the employee must voluntarily accept compensatory time off in lieu of overtime pay by signing the Compensatory Time Agreement. Non-exempt positions are allowed to accrue compensatory time off work instead of receiving payment for overtime hours worked. Both overtime pay and compensatory time off are given at the rate of time and one-half of the regular rate for every overtime hour worked.
