RATES DEFINED. 1. For the purposes of this Section, the hourly rate shall be defined as follows: a. For employees working a forty (40) hour work week, the hourly rate shall be the biweekly rate divided by eighty (80). 2. For purposes of this Section, the Fair Labor Standards Act (FLSA) regular rate shall be defined as follows: An employee's FLSA regular rate shall include, in addition to his/her hourly rate as defined in subsection 6.C.1., any applicable salary ordinance footnote and any applicable premium payment pursuant to subsections 12.A., 12.B., 12.C., and 12.F., of this MOU.
Appears in 3 contracts
Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding