No Compounding of Overtime Sample Clauses

The "No Compounding of Overtime" clause establishes that overtime pay will not be calculated on top of other overtime or premium rates. In practice, this means that if an employee qualifies for multiple forms of overtime or premium pay for the same hours worked, they will only receive the highest applicable rate, rather than stacking multiple rates together. This clause ensures that employers are not required to pay multiple overtime premiums for the same work period, thereby preventing excessive wage liabilities and clarifying how overtime compensation is determined.
No Compounding of Overtime. ‌ Overtime premiums shall not be compounded. There shall be no pyramiding of premiums. Where two or more applicable premiums may apply, the employee will be paid only one such premium, that being the greatest of the applicable premiums.
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No Compounding of Overtime. Overtime premiums shall not be compounded.
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Related to No Compounding of Overtime

  • Sharing of Overtime Overtime work shall be allocated equitably to qualified employees considering their availability and location.

  • Preceptor Pay Any nurse assigned as a preceptor shall receive a premium of one dollar fifty cents ($1.50) per hour.

  • JOC - PRICING OF After Hours Coefficient What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION)

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  • Recording of Overtime Employees shall record starting and finishing times for overtime worked in a form determined by the Employer.