Overtime rate of pay definition

Overtime rate of pay means time and one-half the employee’s “regular hourly rate” of pay.
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Overtime rate of pay means one and one-half (1½) times the employee’s regular rate of pay.
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Overtime rate of pay is the product of an employee’s rate of pay from Table A.
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Examples of Overtime rate of pay in a sentence

  • Overtime Rate of Pay: Overtime rate of pay for a service technician shall be one and a half (1½) times the service technician’s scale.

  • Deputy Sheriff/Road Deputy regular hourly rate of pay shall be computed as follows: (hourly rate of pay * 2184 hours) * 1.5 = Overtime Rate of Pay (2080 hours) Overtime available in the regular Sheriff/Road Deputy classification shall first be offered to available, full-time regular Deputy Sheriff/Road Deputies and then to part-time Sheriff/Road Deputies.

  • Section Alberta, Manitoba and Saskatchewan based Employee's Hours of work Daily maximum eight (8) hours per day or forty hours week, for any five (5) consecutive days Overtime Rate of Pay All hours worked i n excess of daily or weekly w i l l be overtime and paid for at the rate of one and one-half (1 the every day hourly rate of pay.

  • Overtime Rate of Pay: A l l hours worked in excess of daily or weekly maximum w i l l be deemed overtime and paid for at the rate of one and one- half times the every day hourly rate of pay.

  • Example Calculation: Incentive Award $275.00 ÷ Total Hours Worked 1,880 = Incentive Hourly Rate $0.1463 x ½ Overtime Rate 0.5 = Hourly Overtime Rate of Pay $0.0731 x Total Overtime Hours 100 = Incentive Overtime Payment $7.31 The incentive overtime payment is not included in benefit plan calculations.

  • TRAINING 26 Section 28.1 – Training Expenses 26 Section 28.2 – Overtime Rate of Pay 26 Section 28.3 – Tuition Reimbursement 26 Section 28.4 – EVT Recertification and Continuing Education 26 ARTICLE 29.

  • OVERTIME, COMPENSATORY TIME, CALL BACK, MEALS 7 11.1 Overtime Definition 7 11.2 Overtime Authorization 7 11.3 Computation of Overtime 7 11.4 Categories of Overtime 8 11.4.1 Prearranged Overtime 8 11.4.2 Short Notice Call-Out 9 11.4.3 Anticipated Extension of the Work Day Overtime 10 11.4.4 Unanticipated Extension of the Work Day Overtime 11 11.5 Standby Duty 12 11.6 Overtime Rate of Pay and Compensatory Time Off 13 11.7 System Operator 14 11.8 Meals 15 SECTION 12.

  • Overtime Rate of Pay All hours worked in excess of daily or weekly maximum will be deemed overtime and paid for at the rate of one and one-half times the hourly rate of pay.

  • Example Calculation: Incentive Award $275.00  Total Hours Worked 1,880 = Incentive Hourly Rate $0.1463 x ½ Overtime Rate 0.5 = Hourly Overtime Rate of Pay $0.0731 x Total Overtime Hours 100 = Incentive Overtime Payment $7.31 The incentive overtime payment is not included in benefit plan calculations.

  • Section 1 Definition of Overtime and Overtime Rate of Pay Overtime shall be paid at the rate of one and one-half (1 1/2) times the employee's annual salary plus any other amounts included in the "basic rate" under the Fair Labor Standards Act (i.e. annual longevity & certification pay) divided by 2704 hours.


More Definitions of Overtime rate of pay

Overtime rate of pay means one and one-half (1 ½) times the
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Related to Overtime rate of pay

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • weekly rate of pay means an employee’s annual salary divided by 52.176;

  • daily rate of pay means an employee's weekly rate of pay divided by five (5);

  • Regular rate of pay means the rate of pay the employee was receiving at the time maternity leave commenced, but does not include retroactive adjustment of rate of pay, acting pay, shift premium, overtime or any other form of supplementary compensation.

  • Straight-time rate means the hourly rate of remuneration.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Worker Wage Rate means the actual hourly wage of non-salaried persons performing work on the Project plus allowable employer contributions as established on the Worker Wage Rate Form required by the Construction Documents. The Worker Wage Rate must be reasonable and customary for their industry, must equal or exceed the prevailing wage established by Owner and must be approved in writing by Owner in advance of any Application for Payment. All payments for non-salaried personnel working on the Project are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by employer for services performed for the Project.