Common use of Holdover Pay Clause in Contracts

Holdover Pay. Should an employee be required to hold over, the employee shall receive one half (.5) time additional compensation as a premium for all hours held over. Overtime will not be calculated on the premium amount.

Appears in 2 contracts

Samples: Agreement, Agreement

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Holdover Pay. Should an employee be required to hold over, the employee shall receive one half (.5.5x) time additional compensation as a premium for all hours held over. Overtime will not be calculated on the premium amount.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Holdover Pay. β€œShould an employee be required to hold over, the employee shall receive one half (.5) time additional compensation as a premium for all hours held over. Overtime will not be calculated on the premium amount.”

Appears in 1 contract

Samples: smcoemt.files.wordpress.com

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