Common use of Hourly Rate Calculation Clause in Contracts

Hourly Rate Calculation. Employees' normal hourly rate for overtime and premium pay calculations shall be calculated to the nearest cent by dividing the employees' bi-weekly salary as established in Article 11.02 by seventy (70).

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Hourly Rate Calculation. Employees' Employee’s normal hourly rate for overtime and premium pay calculations shall be calculated to the nearest cent by dividing the employees' employee’s bi-weekly salary as established in Article 11.02 by seventy seventy-two and one-half (7072 ½).

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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