Pyramiding of Rates Clause Samples

The "Pyramiding of Rates" clause prohibits the compounding or stacking of multiple premium pay rates for the same hours worked. In practice, this means that if an employee qualifies for more than one type of premium pay—such as overtime, holiday, or shift differentials—only the highest applicable rate is paid for those hours, rather than adding the rates together. This clause ensures that employees are compensated fairly without the employer incurring excessive payroll costs for overlapping premium pay situations, thereby preventing double-counting and clarifying pay calculations.
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Pyramiding of Rates. In no event shall the overtime or premium pay provided under this policy be pyramided. Thus, if two (2) or more overtime or premium pay provisions are applicable to the same hours of work, only the applicable provision yielding the largest amount shall satisfy the requirements of all other pay provisions.
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Pyramiding of Rates. Nothing in this Agreement shall be construed so as to require the payment of overtime on overtime or pyramiding of overtime as a result of computing hours worked in accordance with this Agreement.
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Pyramiding of Rates. Whenever two or more overtime rates may appear to be applicable to the same hour or hours worked by an Employee, there shall be no pyramiding or adding together of such overtime rates, and only the higher of an Employee’s applicable rates shall apply.
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Pyramiding of Rates. Nothing in this Agreement shall be construed as to require the payment of overtime on overtime or pyramiding of overtime as a result of computing hours worked in accordance with this Article.
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Pyramiding of Rates. There shall be no 20 pyramiding of premiums under this Agreement. No overtime 21 shall be worked except by direction of appropriate Company 22 management.
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Pyramiding of Rates. Overtime or premium rates shall not be pyramided on any workday. All parties agree that overtime and paid time off cannot be charged on the same workday.
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Pyramiding of Rates. 18.01 There will be no pyramiding of premium payments under this Agreement.
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Pyramiding of Rates. Overtime or premium rates shall not be pyramided on any workday. Only one (1) premium pay will be observed for an employee at any time. If a difference in premium exists, the premium pay selected for use will be the higher premium. For example, an employee that is part of a test crew will not receive time and one-half (1 ½) of the employee’s regular rate for test crew, plus another time and one-half (1 ½) the employee’s regular rate for overtime.
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Pyramiding of Rates. Overtime or premium rates shall not be pyramided on any workday. All parties agree that overtime and paid time off cannot be charged on the same workday.
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Related to Pyramiding of Rates

  • Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).

  • Base Rates Attached to and made a part of this Agreement is Appendix A which sets forth the straight-time hourly rates for all employees covered by this Agreement.

  • 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)

  • JOC - PRICING OF Regular Hours Coefficient What is your regular hours coefficient for the RS Means Price Book? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION)

  • Penal Rates (a) Weekend rate - applies to ordinary time (other than overtime) worked after midnight Friday/Saturday until midnight Sunday/Monday shall be paid at time one half (T0.5) in addition to the ordinary hourly rate of pay. (b) Public Holiday rate – applies to those hours which are worked on the public holiday. This shall be paid at time one (T1) in addition to the ordinary hourly rate of pay. (See clause 12.4-12.8 for further clarification.) (c) Night rate – applies to ordinary hours of duty (other than overtime) that fall between 2000hrs and until the completion of a rostered night duty from midnight Sunday/Monday to midnight Friday/Saturday and shall be paid at quarter time (T0.25) in addition to the ordinary hourly rate of pay. (d) Overtime and weekend/public holiday or night rates shall not be paid in respect of the same hours, the higher rate will apply.