Common use of Calculation of Overtime Pay Clause in Contracts

Calculation of Overtime Pay. Only hours actually worked shall be considered in computing overtime pay. If under the provisions of this Agreement two or more premium rates (e.g., time and one-half or double time) are applicable to the same hours worked, only one, the higher, shall be paid. Overtime shall not be paid twice for the same hours worked. Overtime due on a weekly basis shall be computed without counting overtime hours on a daily basis. Premium hours paid for Sunday, Saturday and holiday work shall be counted in computing overtime hours on a weekly basis if these premium hours are scheduled as part of the employees' regular workweek. Premium hours worked on Sundays, holidays and Saturdays shall not be counted in computing weekly overtime hours if the premium hours are not scheduled as part of the employees' regular workweek.

Appears in 2 contracts

Samples: Execution Agreement, Execution Agreement

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Calculation of Overtime Pay. (1-1/2) Only hours actually worked shall be considered in computing overtime pay. If under the provisions of this Agreement two or more premium rates (e.g., time and one-half or double time) are applicable to the same hours worked, Formatted: Highlight only one, the higher, shall be paid. Overtime shall not be paid twice for the same hours worked. Overtime due on a weekly basis shall be computed without counting overtime hours on a daily basis. Premium hours paid for Sunday, Saturday and holiday work shall be counted in computing overtime hours on a weekly basis if these premium hours are scheduled as part of the employees' regular workweek. Premium hours worked on Sundays, holidays and Saturdays shall not be counted in computing weekly overtime hours if the premium hours are not scheduled as part of the employees' regular workweek.

Appears in 1 contract

Samples: teamsters710.com

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Calculation of Overtime Pay. Only hours actually worked shall be considered in computing overtime pay. If under the provisions of this Agreement two or more premium rates (e.g., time and one-half (1-1/2) or double time) are applicable to the same hours worked, only one, the higher, shall be paid. Overtime shall not be paid twice for the same hours worked. Overtime due on a weekly basis shall be computed without counting overtime hours on a daily basis. Premium hours paid for Sunday, Saturday and holiday work shall be counted in computing overtime hours on a weekly basis if these premium hours are scheduled as part of the employees' regular workweek. Premium hours worked on Sundays, holidays and Saturdays shall not be counted in computing weekly overtime hours if the premium hours are not scheduled as part of the employees' regular workweek.

Appears in 1 contract

Samples: teamsters710.com

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