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