Overtime Buffer. Notwithstanding any other provision in this article regarding the equitable distribution of overtime opportunities, in circumstances beyond their control, the Company will have the ability to run with up to a forty-eight (48) hour buffer spread, on the overtime equitability lists. This buffer spread can exist for quarterly periods of each calendar year and will be the periods of January 1st until March 31st, April 1st until June 30th, July 1st until September 30th and October 1st until December 31st. Should the buffer spread within any comparator group exceed forty-eight (48) hours during any of these periods, the Company will make every attempt to correct the buffer spread back to within forty- eight (48) hours. At the end of every quarterly period, the Company will pay to each employee so shorted, at the overtime rate of 1.5, half of any remaining discrepancy exceeding forty-eight (48) hours. This payment to any employee so shorted will be made by the second pay day into the next quarterly period. The overtime hours on the equitability lists will be zeroed at the end of each quarterly period.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Overtime Buffer. Notwithstanding any other provision in this article regarding the equitable distribution of overtime opportunities, in circumstances beyond their control, the Company will have the ability to run with up to a forty-eight (48) hour buffer spread, on the overtime equitability lists. This buffer spread can exist for quarterly periods of each calendar year and will be the periods of January 1st until March 31st, April 1st until June 30th, July 1st until September 30th and October 1st until December 31st. Should the buffer spread within any comparator group exceed forty-eight (48) hours during any of these periods, the Company will make every attempt to correct the buffer spread back to within forty- forty-eight (48) hours. At the end of every quarterly period, the Company will pay to each employee so shorted, at the overtime rate of 1.5, half of any remaining discrepancy exceeding forty-eight (48) hours. This payment to any employee so shorted will be made by the second pay day into the next quarterly period. The overtime hours on the equitability lists will be zeroed at the end of each quarterly period.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Overtime Buffer. β Notwithstanding any other provision in this article regarding the equitable distribution of overtime opportunities, in circumstances beyond their control, the Company will have the ability to run with up to a forty-eight (48) hour buffer spread, on the overtime equitability lists. This buffer spread can exist for quarterly periods of each calendar year and will be the periods of January 1st until March 31st, April 1st until June 30th, July 1st until September 30th and October 1st until December 31st. Should the buffer spread within any comparator group exceed forty-eight (48) hours during any of these periods, the Company will make every attempt to correct the buffer spread back to within forty- eight (48) hours. At the end of every quarterly period, the Company will pay to each employee so shorted, at the overtime rate of 1.5, half of any remaining discrepancy exceeding forty-eight (48) hours. This payment to any employee so shorted will be made by the second pay day into the next quarterly period. The overtime hours on the equitability lists will be zeroed at the end of each quarterly period.
Appears in 1 contract
Samples: Collective Agreement