Overtime Pay Calculations Sample Clauses

Overtime Pay Calculations. When a Bargaining Unit member who is eligible to receive overtime works a shift that qualifies for shift differential pay, the Employer shall compute overtime on the basis of the following formula: (Base rate + shift differential) x 1.5
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Overtime Pay Calculations. When calculating overtime for a calendar week which includes a holiday, the hours of holiday pay will be counted as work time and will be used in the calculation of overtime. Additionally, any hours actually worked on the observed holiday will be included in the calculation of work for overtime. However, holiday premium pay will not be included in the calculation of work for overtime purposes.
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Overtime Pay Calculations. T-Mobile’s workweek begins on Sunday at 12:01 a.m. and ends at 12:00 a.m. midnight on the following Saturday night. Overtime pay is calculated based upon total hours worked per week, not based on the number of hours worked in any one day, unless otherwise required by law. Paid time off, such as Legacy Sick Leave, paid holidays, and paid time off for leaves of absence, does not count as hours worked for purposes of overtime pay computations.
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Related to Overtime Pay Calculations

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

  • Overtime Payments Full-time and Part-time Employees

  • Overtime Pay ‌ Overtime pay shall be paid to the employee on the next paycheque after the expiration of the pay period in which the overtime was earned except as provided in Article 16.6 (Compensating Time Off) below.

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • Overtime Payment Full-time employees shall be paid at the rate of one and one-half times the employee's straight time hourly rate for all time worked outside of their normal work hours and/or work days up to sixteen (16) hours in a twenty-four (24) hour period. For hours worked in excess of sixteen (16) in a twenty-four (24) hour period, employees shall be paid double time. Employees who receive an unpaid lunch period and are not required to work at their work assignments during such period shall not have such time treated as hours worked for the purpose of computing overtime.

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

  • Computation of Overtime In computing overtime a period of thirty (30) minutes or less shall be counted as one-half (½) hour and a period of more than thirty (30) minutes but less than sixty (60) minutes shall be counted as one (1) hour.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Overtime Penalty Rates On projects where the Total Cost of Work is $50m or greater, all time worked in excess of the ordinary hours and on weekends shall be paid at double time.

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.