Guaranteed Overtime. As used in this Contract is premium pay based both upon the specific type of hours worked, such as standby, unscheduled call-in duty, double-backs, etc. The overtime rate of 1 1/2 times the regular base hourly rate is paid, guaranteed, for all of the specific hours worked whether the total hours worked for the week exceed 40 hours or not. Since the specified hours are already guaranteed overtime pay, they are not counted again as hours actually worked for purposes of calculating additional overtime for the week. If counted again as hours actually worked toward overtime, the result would be a duplication of pyramiding of overtime which is not permitted by the terms of this Contract.
Appears in 5 contracts
Samples: Labor Contract, Labor Contract, Labor Contract
