Overtime Rate definition

Overtime Rate for the purposes of the Overtime Clause and Number of Performances Clause shall be based on the Performer’s Negotiated Weekly Rate of Pay or the Negotiated Casual Rate of Pay provided that, for the purposes of this definition, where the Performer’s Negotiated Weekly Rate of Pay or Negotiated Casual Rate of Pay is in excess of 133.33% of the applicable Minimum Rate then the Performer’s Negotiated Weekly Rate of Pay or Negotiated Casual Rate of Pay will, for the purposes of calculating the relevant entitlements be deemed to be 133.33% of the Minimum Rate (for avoidance of doubt 133.33% means the Minimum Rate plus an additional 33.33%).
Overtime Rate means the basic hourly rate of pay multiplied by one and one-half.
Overtime Rate. The FLSA Overtime Rate is equal to one and one-half times the regular rate of pay as set forth in the Fair Labor Standards Act.

Examples of Overtime Rate in a sentence

  • Day Worked Overtime Rate Except on a Public Holiday 200% of the ordinary rate On a Public Holiday 250% of the ordinary rate NOTE: A casual shift worker who works overtime is to be paid the above rates plus the casual loading prescribed by clause 15.5.4.

  • Xxxxxxxx, President Milwaukee Board of School Directors ATTACHMENT A CONTRACT LABOR SERVICES FEE RATE SCHEDULE ALLCON LLC Position/Trade: Electrician Proposed Hourly Rate $93.50 Proposed Overtime Rate $118.00 Proposed Hourly Rate (With Truck) $98.50 Proposed Overtime Rate (With Truck) $125.30 Rate Increase Details Adjustments will be allowed to the hourly rates as submitted, in order to accommodate wage rate increase for prevailing wage contracts that are settled during the contract period.

  • Name: Position: Date: SCHEDULE 1 Name of Consultant Services SCHEDULE 2 Dates of Assignment Start Date: End Date: Duration: SCHEDULE 3 Rates Normal Rate: Overtime Rate: Transfer Fee: 50 days fees at the rate specified.

  • The District shall pay the Overtime Rate specified in Section 5 for each hour the SRO performs SRO Duties in excess of forty (40) hours per week at the request of a School Administrator.

  • Position/Trade: Electrician Proposed Hourly Rate $94.17 Proposed Overtime Rate $127.21 Proposed Hourly Rate (With Truck) $101.00 Proposed Overtime Rate (With Truck) $138.00 Rate Increase Details Adjustments will be allowed to the hourly rates as submitted, in order to accommodate wage rate increase for prevailing wage contracts that are settled during the contract period.


More Definitions of Overtime Rate

Overtime Rate. The Contract Overtime Rate is equal to one and one-half times the regular rate of pay as set forth in the Fair Labor Standards Act but shall not take into account the hourly pay increases (retirement salary offsets) set forth below that were provided in Sections 501-A, B, & C of the previous Agreement between the parties that expired June 2, 2018:
Overtime Rate means the basic hourly rate times two (2). Wage Scales
Overtime Rate refers to the rate, as set forth in Appendix B, Payment Provisions, used to calculate Overtime Pay, which the Contractor may xxxx and the Judicial Council or Participating JBE will pay, if the Assigned Personnel provided work within scope of the Order, in excess of a normal 8-hour work-day, when such overtime was pre-approved by the Reports To.
Overtime Rate shall be equal to one and one half (1 ½) times the Employee’s hourly wages for the first three (3) hours of overtime and two
Overtime Rate means (i) for the first twenty (20) hours of Support Services and/or Professional Services performed outside of Normal Working Hours in any calendar week (other than those performed on a public holiday), one and one-half times (1.5x) the standard rate set out in the Order Form, and (iii) for all Support Services and/or Professional Services performed outside of Normal Working Hours during a calendar week in excess of twenty (20) hours or performed on a public holiday in the location where such Support Services or Professional Services are being performed, twice (2x) the standard rate set out in the Order Form;
Overtime Rate means the: The rate of pay an employee receives for working overtime, such to be calculated at one and one-half times the hourly rate of the employee. It shall be noted, however, that the overtime rate shall be paid only when the overtime hours an employee actually works (compensatory leave and holiday pay included) exceed forty (40)or thirty-seven point five (37.5) hours in a standard work week. Otherwise, the rate of pay an employee receives for working overtime shall be at the regular rate.regular hourly rate of the employee.
Overtime Rate means Annual Base Salary divided by 52 and then by the number of hours worked per week.