Guam Loan Agreement for Employees

State:
Multi-State
Control #:
US-0551-WG-2
Format:
Word; 
Rich Text
Instant download

Description

A Loan Agreement is entered into by two parties. It lists the duties, obligations and liabilities of each party when entering into the loan agreement.
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  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees
  • Preview Loan Agreement for Employees

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FAQ

Full Time Employee: A full time employee is one who has been hired for a period of 26 consecutive weeks or more, for a minimum of 40 hours a week. A full time employee is eligible for full benefits.

To protect and safeguard the civil rights of all individuals to seek, have access to, obtain and hold employment without discrimination because of race, religious creed, color, national origin, ancestry, physical handicap, medical condition, marital status, sex, and/or age.

Workers in Guam had an average (mean) hourly wage of $20.05 in May 2022, 33 percent below the nationwide average of $29.76. Workers in the Guam, GU Metropolitan Statistical Area had an average (mean) hourly wage of $19.10 in May 2021, about 32 percent below the nationwide average of $28.01.

All employees except department or agency heads and Deputy Directors, shall be entitled to night differential pay, calculated at the rate of their regular wage plus 10% for all periods worked between the hours of p.m. and a.m., provided that they work a minimum of (4) consecutive hours within that time period ...

Title 22 GCA § 3107(a) states that no employer shall employ any employee in excess of 40 hours a week, unless such employee receives compensation for employment in excess of such weekly hours, at a rate not less than 1.5 times their regular rate of pay.

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Guam Loan Agreement for Employees