Hourly Overtime Rate Clause Samples

Hourly Overtime Rate. (a) The hourly rate for overtime payment is ascertained by the following formula: Where: • A is the annual salary; and • P is the prescribed rate. (b) For the purpose of 17.1.3(a), the prescribed rates (P) for overtime duty are: (i) Monday to Friday – 150% for first 3 hours and 200% thereafter; (ii) on public holidays – 250%; (iii) on Sundays – 200%; and (iv) on Saturdays - • for non-shiftworkers – 150% for the first three hours and 200% thereafter; and • for shiftworkers – 200%. (c) For the purpose of this clause, a shiftworker means an employee who is rostered on: (i) alternating or rotating shifts or a constant shift involving regular ordinary duty after 1.00 p.m. on Saturday; or (ii) a shift which, but for it being worked continuously with the approval of Australia Post or to suit Australia Post’s convenience, would fall within clause 17.1.3(c)(i).
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Hourly Overtime Rate. (a) The hourly rate for overtime payment is ascertained by the following formula: Where: • A is the annual salary; and • P is the prescribed rate. (b) For the purpose of 17.1.3(a), the prescribed rates (P) for overtime duty are: (i) Monday to Friday – 150% for first 3 hours and 200% thereafter; (ii) on public holidays – 250%; (iii) on Sundays – 200%; and (iv) on Saturdays - • for non-shiftworkers – 150% for the first three hours and 200% thereafter; and • for shiftworkers – 200%. (c) For the purpose of this clause, a shiftworker means an employee who is rostered on: (i) alternating or rotating shifts or a constant shift involving regular ordinary duty after 1.00
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Hourly Overtime Rate. (a) The hourly rate for overtime payment is ascertained by the following formula: (A ÷ 313 x 6 ÷ 36.75) x P Where: • A is the annual salary; and • P is the prescribed rate. (b) For the purpose of 17.1.3(a), the prescribed rates (P) for overtime duty are: (i) Monday to Friday – 150% for first 3 hours and 200% thereafter; (ii) on public holidays – 250%; (iii) on Sundays – 200%; and (iv) on Saturdays - • for non-shiftworkers – 150% for the first three hours and 200% thereafter; and • for shiftworkers – 200%; (c) For the purpose of this clause, a shiftworker means an employee who is rostered on: (i) alternating or rotating shifts or a constant shift involving regular ordinary duty after 1.00 p.m. on Saturday; or (ii) a shift which, but for it being worked continuously with the approval of Australia Post or to suit Australia Post’s convenience, would fall within clause 17.1.3(c)(i).
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Related to Hourly Overtime Rate

  • Overtime Rate In accordance with the applicable wage and hour laws, the overtime rate will be one and one-half (1-1/2) of an employee’s regular rate of pay. The regular rate of pay will not include any allowable exclusions.

  • Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).

  • Daily Overtime All employees shall be paid the applicable overtime rate of time and one-half (1-1/2) for all time worked in excess of eight (8) hours per day.

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

  • Overtime Computation Computation of overtime will be rounded upward to the nearest one-tenth (1/10th) of an hour.