Examples of Compensable Workweeks in a sentence
If a Class Member was included in the Class Information and disagrees with the number of Compensable Workweeks stated on the Class Notice, the Class Member must send a letter (by mail or facsimile) or email to the Settlement Administrator by the Response Deadline stating the reasons why they dispute the number of Compensable Workweeks and provide any supporting documentation.
Based on the number of your Compensable Workweeks, your estimated Individual Settlement Payment is <<EstSettPayment>>.
If there is a dispute, the Parties will attempt to agree upon the amount of Compensable Workweeks once a dispute is raised, but if an agreement cannot be reached, the Settlement Administrator will be directed to decide.
The Claims Administrator will divide $113,178 by the total number of Compensable Workweeks worked by all Class Members who, at any time during the Class Period, worked overtime during a pay period for which they also received a bonus or other nondiscretionary pay.
The amount resulting from this calculation is called the “Value Per Compensable Workweek,” or “VCW.” The Claims Administrator will then multiply the VCW by the number of Compensable Workweeks each Class Member worked during the Class Period, and this amount will be the individual Class Member’s settlement payment for unpaid overtime wages.