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Common use of Loading Clause in Contracts

Loading. This hourly rate is to be increased by a loading of 12.5% for all time worked up to and including 7 hours 21 minutes in any day or 36.75 hours in any week with the following exception. The loading is not applied where it would raise the total salary for a period of 7 hours 21 minutes or less in any day or a period of 36.75 hours or less in any week beyond the total salary that an employee earning the same hourly rate without the 12.5% loading would earn for a total of 7 hours 21 minutes in a day or a total of 36.75 hours in a week as the case may be.

Appears in 7 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement