Common use of Overtime Duty – Rates and Formulas Clause in Contracts

Overtime Duty – Rates and Formulas. 23.5.1 For the purposes of the calculation of overtime the following formulas apply: Rate Formula ST @ 36 ¾ AS x 6 ÷ 313 ÷ 36.75 x No. of hours overtime worked T1/2 @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 1.5 x No. of hours overtime worked DT @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 2 x No. of hours overtime worked DT 1/2 @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 2.5 x No. of hours overtime worked (Key: ST = Single Time; T = Time; DT = Double Time; AS = Annual Salary; No. = Number; T1/2 = Time and a half)

Appears in 2 contracts

Samples: Aims Enterprise Agreement, Aims Enterprise Agreement

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Overtime Duty – Rates and Formulas. 23.5.1 37.5.1 For the purposes of the calculation of overtime the following formulas apply: Rate Formula ST @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x No. of hours overtime worked T1/2 @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 1.5 x No. of hours overtime worked DT @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 2 x No. of hours overtime worked DT 1/2 @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 2.5 x No. of hours overtime worked (NB: Key: ST = Single Time; T = Time; DT = Double Time; AS = Annual Salary; No. = Number; T1/2 = T1/2=Time and a half)

Appears in 1 contract

Samples: Aims Enterprise Agreement

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Overtime Duty – Rates and Formulas. 23.5.1 24.5.1 For the purposes of the calculation of overtime the following formulas apply: Rate Formula ST @ 36 ¾ AS x 6 ÷ 313 ÷ 36.75 x No. of hours overtime worked T1/2 @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 1.5 x No. of hours overtime worked DT @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 2 x No. of hours overtime worked DT 1/2 @ 36 ¾ hours AS x 6 ÷ 313 ÷ 36.75 x 2.5 x No. of hours overtime worked (Key: ST = Single Time; T = Time; DT = Double Time; AS = Annual Salary; No. = Number; T1/2 = Time and a half)

Appears in 1 contract

Samples: Aims Enterprise Agreement

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