Calculation of Overtime Rate. (a) For the purpose of calculating the hourly rate the employee's monthly rate shall be divided by 152.25 and multiplied by the applicable overtime rate.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Calculation of Overtime Rate. (a) For the purpose of calculating the The overtime hourly rate shall be calculated by dividing the employee's monthly biweekly rate shall be divided by 152.25 70 and multiplied multiplying the resultant quotient by the applicable overtime ratehours worked.
Appears in 5 contracts
Samples: Letter of Agreement, Collective Agreement, Collective Agreement
Calculation of Overtime Rate. (a) For the purpose of calculating the The overtime hourly rate shall be calculated by dividing the employee's monthly biweekly rate shall be divided by 152.25 seventy (70) and multiplied multiplying the resultant quotient by the applicable overtime ratehours worked.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Calculation of Overtime Rate. (a) For the purpose of calculating the hourly rate the rate, an employee's monthly biweekly rate shall be divided by 152.25 70 for employees on 35 hours per week, and multiplied by the applicable overtime rate.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement