Common use of Overtime and Penal Time Clause in Contracts

Overtime and Penal Time. 7.1 The normal hourly rate of pay shall be 1/2086 part, corrected to 3 decimal places of a dollar of the yearly rate of salary payable. 7.2 Equivalent time off in lieu of payment for work performed outside normal hours may be granted by agreement. 7.3 Overtime and penal time shall not be paid in respect of the same hours.

Appears in 5 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Overtime and Penal Time. 7.1 8.1 The normal hourly rate of pay shall will be 1/2086 1/2080 part, corrected to 3 2 decimal places of a dollar of the yearly rate of salary payable. 7.2 Equivalent time off in lieu of payment for work performed outside normal hours may be granted by agreement. 7.3 Overtime and penal time shall not be paid in respect of the same hours.

Appears in 1 contract

Sources: Collective Employment Agreement

Overtime and Penal Time. 7.1 The normal hourly rate of pay shall be 1/2086 part, corrected to 3 decimal places of a dollar of the yearly rate of salary payable. 7.2 Equivalent time off in lieu of payment for work performed outside normal ordinary hours may be granted by agreement. 7.3 Overtime and penal time shall not be paid in respect of the same hours.

Appears in 1 contract

Sources: Collective Agreement