CONTRACT APPROVAL CONTRACT NO. A-101

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP81B00878R000300020057-9
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
5
Document Creation Date: 
December 20, 2016
Document Release Date: 
November 19, 2007
Sequence Number: 
57
Case Number: 
Publication Date: 
March 3, 1956
Content Type: 
CONT
File: 
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PDF icon CIA-RDP81B00878R000300020057-9.pdf296.04 KB
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Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 rN'z kJtCT A P ito VAL Cant -act Noe A-101 dive" 00z.r0E1, a~- MUnd&Yt 13 '' ~ - t s aanGerst? c fin iat th compc,-nsatiorn provided for in Paragraph 2.b. o.f" the said policy appli_I, to P008 0=01 Mbd-ng 5O. per week or less, snd that no premium comps.:n5*tion wiU b aid above that base salary 1g vel. Pursuant to Contractorts ragas ;t of 17 February 1956 (C. CC Doc. No. 151.819) approval of Section 3D.37 of Personnel Policy, s:+a,bj ctt "Extended Work Weak Seheciuless W4 wry Added Compensation for SAM-i239 Copy of , 3 March 1956 Approval 1s also grsntsd pursuant f r nowt t i a torts ctter of 17'ota- ro_ _aaed in trctrae- lam, referred to abt>v., for ex. pt ovorti e vork in connectie:n vg3th System No. 2 during the period o.F 33 ?ebrimirt l96 through 31 Varc:h 1956. This e. ,aroval is hased on en ; timate of 14,,E hours of exaapt o ert.iraae and a?ithorizess 06, 1.00 of premium compensation for ee;erpt pernoruiel. As wmapt overtiz , they premium portion of such ove rti#re in con- nection with this approval will be chargeable to ovu:rh=:ad and will be subject to the usual rev-i and acceptance by cognizant 1oc l Ge?~ ern- meet representatives. This a presval rotors to the nersees t;. for in:- cuarri w eh overhead costs in connection with w rk tinder Contract No. A'401 and certifies ' such necenstty. Distribution: Orig - 2 - aster 3 - ervice to - F finance officer 5 - Chrono 6 - Reading GFK:vd (3/3/56) Or.: = ices A-101 X1 l CPP?rT Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 4Z r. r% D r- ir Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 pr CMCC Doc. No. 151.819 Copy / of 2 Page 1 of 1 February 17, 1956 Dear George: Attached is a company policy for added compensation for exempt employees on extended work week schedules, about which Bob advised you by telephone. The compensation provided for in Paragraph 2. b. applies to personnel making $ 250. 00 per week or less. No premium compensation will be paid above that base salary level. This policy was approved by the local Air Force Contracting Officer yesterday. A copy of his approval is enclosed. Your approval is requested for the same policy to be effective commencing Monday, February 13th. Based on an estimate of 4, 200 hours of exempt over- time work in connection with System No. 2 during the period of February 13th to March 31st, approval is requested for $ 6, 510. 00 of premium compensation for exempt personnel in addition to the request already submitted for non-exempt personnel. Sincerely, Enclosures: Letter 56-35 (56a) dated February 16, 1956 Policy 30. 27 dated February 13, 1956 Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 ~C, j ;tbbr J11.60 ' File Refs 56-35 04a) COPY, 3v Eli I&CTcteacl.d Wm* We*k Stirn and Tmv orary ";Xeatgt Iaplcpr*e. Ur a &t.rie1 Gmww'bd Ostia. S~'n.cisl ijrsr.f't Pro- *,at Attne Air TMrce C0n'l6re tu+g Box 26? Ing im"O , d;s lit.rnia STATI NTL 2.. You will nert? IWd i '? 1 and . Vitt .or nacgiiatioma and,axr- Weu~c YsY" has seen rrrs/e+d date *1 13 fuhru@N7 1950- -,r +v. .eoti.n tstitled "Dcd " . of the c. ttr.etm, forwarded h.reviih tee 7Nr p lY.cbtT. Pars arl ]ralf.q' identified s. 3ectisu 30.27 and 1616h Las an . semt.#~i~aee 1. ie'vreua.nt to caersatiens betweea Ywr office .ad r.pre real is tb..+.i+4t - twming is tnw vsder.i?a.a? taw ?? 3. F104684 indicate a~ppe~wl ees Me aDee~ y"r *m a ImWuWpe t! JAN am isho ls. AMCWZIA~ . ` . . ?.. . r' v+ e`W ti?'r" ?' .j %.d `/"'c~ `'4/`V'.''w\./ kV N4etY"" e,.vN:' %./' `W", Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 `'rpC Ir ~ 13' TH (I fp M `; OLD RIDGE CORPORATION PERSONNEL POLICY Section: 30. 27 EXTENDED WORK WEEK SCHEDULES AND Page 1 SUBJECT: TEMPORARY ADDED COMPENSATION FOR Effective Date: 13 February 1956 EXEMPT EMPLOYEES Supersedes: Exempt salaried employees are compensated for work performed in excess of the normal forty hour work week schedule in accordance with the policies outlined below. Exempt employees are those employees occupying executive, administrative, or professional positions excluded from the overtime pay provisions of the Federal Wage & Hour Laws, namely, Members of the Technical and Administrative Staffs. OCCASIONAL OR INTERMITTENT OVERTIME In general the Company adheres to the principle that Exempt employees are compensated for their creative abilities and the performance of certain functions and that it is impractical to measure their value in terms of an hourly rate. Therefore, an Exempt employee's salary is considered full compensation for a work week of forty hours, even though the actual hours of work may vary as a result of occasional, irregular, or extra hours inherent in the normal performance of Exempt position responsibilities. EXTENDED WORK WEEK Consistent with the Company's policy of establishing maintaining reasonable hours of work and salary eq among employees, the Company provides for a plan Temporary Added Compensation (TAC) for Exempt employees whenever the regularly scheduled hours of work are extended beyond a normal forty hour work week on an Extended Work Week basis. An Extended Work Week is defined as a work schedule in excess of forty hours per week, planned and authorized in advance for an entire organizational unit, and for a period of not less than two weeks beginning on Monday and ending on Sunday,. Normally, when less than an entire unit is required to work overtime, it should be treated as occasional or intermittent overtime. However, when the application of this provision of the policy would result in unfair treatment for an individual or individuals, an exception to this general policy may be rnnairiarPri nn an individual case basis. Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9 TH , M N OLORIDGE CORPORATION PERSONNEL POLICY SUB J ECT: EXTENDED WORK WEEK SCHEDULES AND TEMPORARY ADDED COMPENSATION FOR EXEMPT EMPLOYEES The number of regularly scheduled hours established under an Extended Work Week arrangement may vary depending on circumstances. However, it is intended that Extended Work Week schedules should not be considered for total scheduled hours of work of less than nine (9) hours per day (five days a week) or forty-five (45) hours per week. Section: 30-27 Page 2 Effective Date: 13 February 1956 Supersedes: 2. Temporary Added Compensation: Exempt employees on an established Extended Work Week schedule are paid Temporary Added Compensation (TAC) computed on the following basis: a. An employee whose weekly salary (based on a forty hour week) is $125 per week or less will receive, in addition to his base salary, an amount equal to one and one-half times the hourly equivalent of his salary for each hour regularly scheduled in excess of forty hours per week. b. A regular exempt employee whose salary is more than $125 per week will receive, in addition to his base salary, the hourly equivalent of his salary plus $1.55 for each hour: regularly scheduled in excess of forty hours per week. 3. Vacations and Absences During Extended Work Week Schedules: In cases of sick leave, holidays, vacation, or other absences, employees will be compensated on the basis of their regular salary for a normal forty hour week. 4. Authorization of Extended Work Week Schedules: Prior approval of Division Directors will be required to initiate Extended Work Week schedules, to return to a normal forty hour week, or to reduce scheduled Extended Work Week hours. Division Directors may delegate approval of authority by notifying Payroll and Company Staff Personnel departments in writing of the name and approval limitations, if any, of the individual designated. It is essential that the Payroll Department be notified as far in advance as possible of the nature and effective date of Extended Work Week application or changes. STATINTL Approved For Release 2007/11/19: CIA-RDP81 B00878R000300020057-9