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Overtime is all hours worked in excess of 40 in a seven (7) consecutive day work period. A nonexempt employee shall be paid no less than one and one-half (1 1/2) times his or her regular rate of pay for all hours worked over 40 in a workweek or granted compensatory time at a rate of one and one-half (1 1/2) hours for each hour of overtime worked. ................
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