Common use of FLSA Overtime Clause in Contracts

FLSA Overtime. ‌ An employee shall, in addition to regular compensation, be paid time and one-half times his/her regular straight-time hourly rate for all hours in excess of 204 hours in the employee’s regular twenty-seven (27) day work cycle and all hours worked outside the employee’s regular work schedule. An employee’s regular rate shall be computed in accordance with the requirements of the Fair Labor Standards Act and Section 14.3 of this Agreement. Approved vacation hours shall count as “hours worked” for the purpose of calculating overtime pay.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

FLSA Overtime. An employee shall, in addition to regular compensation, be paid time and one-half (½) times his/her regular straight-straight time hourly rate for all hours of actual work in excess of 204 the maximum number of hours in permitted for the employee’s regular twentywork-seven (27) day work cycle and chosen by the Employer. The Employer reserves the right to utilize all or part of the 7k exemption for hours worked outside the employee’s regular work schedule. An employee’s regular rate shall be computed and overtime paid in accordance with the requirements of the Fair Labor Standards Act most current FLSA rulings and Section 14.3 practices. However, where a specific term of this Agreement. Approved vacation hours Agreement conflicts with the FLSA, the Agreement shall count as “hours worked” for the purpose of calculating overtime paycontrol.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

FLSA Overtime. ‌ An employee shall, in addition to regular compensation, be paid time and one-half times his/her regular straight-straight time hourly rate for all hours of actual work in excess of 204 hours in the employee’s regular twenty-seven (27) day work cycle and all hours worked outside the employee’s regular work schedulecycle. An employee’s regular rate shall be computed in accordance with the requirements of the Fair Labor Standards Act and Section 14.3 of this Agreement. Approved vacation hours shall count as “hours worked” for the purpose of calculating overtime pay.

Appears in 1 contract

Sources: Collective Bargaining Agreement