Guam Annual Incentive Compensation Plan

State:
Multi-State
Control #:
US-CC-20-302
Format:
Word; 
Rich Text
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This sample form, a detailed Annual Incentive Compensation Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

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.

Night shift differential means the differential paid to a FWS employee when the majority of regularly scheduled non-overtime hours worked fall between 3 p.m. and 8 a.m. local time, and is computed as a percentage of the employee's rate of basic pay.

The GPP consists of all positions that are not included in the NPP, LEO, EDU, ATTY, and EXEC pay plans within the Government of Guam. This plan is the mast comprehensive as it includes the widest varieties of positions in the government across different industries and professions.

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.

Living in Guam is very expensive! To help offset this high cost, General Schedules (GS) employees receive a 16.50% locality pay (included in the salary table at SALARY TABLE 2023-RUS (opm.gov). In addition, GS employees receive 12.25% cost of living allowance (COLA) in addition to their basic pay.

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 ...

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Guam Annual Incentive Compensation Plan