No Pyramiding of Overtime Payments Sample Clauses

The "No Pyramiding of Overtime Payments" clause prevents employees from receiving multiple forms of overtime compensation for the same hours worked. In practice, if an employee qualifies for overtime under more than one provision—such as working on a holiday and exceeding daily hours—they will only receive the highest applicable overtime rate for those hours, not a combination of rates. This clause ensures that overtime pay is fair and avoids double-counting, thereby controlling labor costs and maintaining clear payroll practices.
No Pyramiding of Overtime Payments. For the purpose of avoiding the pyramiding of overtime, there shall be no duplication of overtime payments for the same hours worked.
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Related to No Pyramiding of Overtime Payments

  • Overtime Payments Full-time and Part-time Employees

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

  • Overtime Payment Full-time employees shall be paid at the rate of one and one-half times the employee's straight time hourly rate for all time worked outside of their normal work hours and/or work days up to sixteen (16) hours in a twenty-four (24) hour period. For hours worked in excess of sixteen (16) in a twenty-four (24) hour period, employees shall be paid double time. Employees who receive an unpaid lunch period and are not required to work at their work assignments during such period shall not have such time treated as hours worked for the purpose of computing overtime.

  • Allocation of Overtime Subject to the operational requirements of the service, the Employer shall make every reasonable effort: (a) to allocate overtime work on a fair and equitable basis among readily available and qualified employees; and (b) where overtime is predictable, employees shall be provided with a minimum of four (4) hours notice.

  • Late Payments Except as expressly provided to the contrary in this Agreement or in any Ancillary Agreement, any amount not paid when due pursuant to this Agreement or any Ancillary Agreement (and any amounts billed or otherwise invoiced or demanded and properly payable that are not paid within thirty (30) days of such ▇▇▇▇, invoice or other demand) shall accrue interest at a rate per annum equal to Prime Rate plus two (2%) percent.