Common use of Overtime Rate Calculation Clause in Contracts

Overtime Rate Calculation. Overtime rates will be calculated using hourly rates established in Article 11. Shift or standby premiums will not form part of the hourly rate calculations for overtime purposes. Overtime will be calculated to the next highest fifteen (15) minutes, however, the minimum overtime pay for any overtime worked shall be one-half hour.

Appears in 5 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Overtime Rate Calculation. Overtime rates will be calculated using hourly rates established in Article 11. Shift or standby premiums will not form part of the hourly rate calculations for overtime purposes. Overtime will be calculated to the next highest fifteen (15) minutes, however, the minimum overtime pay for any overtime worked shall be one-half (0.5) hour.

Appears in 1 contract

Sources: Collective Agreement

Overtime Rate Calculation. Overtime rates will be calculated using hourly rates established in Article 11XI. Shift or standby premiums will not form part of the hourly rate calculations for overtime purposes. Overtime will be calculated to the next highest fifteen (15) minutes, however, the minimum overtime pay for any overtime worked shall be one-half hour.

Appears in 1 contract

Sources: Collective Agreement