Common use of Definition of Overtime (Overtime Premium Clause in Contracts

Definition of Overtime (Overtime Premium. (a) The Hospital shall pay time and one-half of the regular rate of pay for all hours worked in excess of seventy-five (75) hours in a bi-weekly period, it being understood, however, that no overtime will be paid where the time worked was a result of an exchange of shifts between employees. The Hospital shall pay time and one-half the regular rate of pay calculated to the nearest thirty (30) minutes worked for all time in excess of seven and one-half (7-1/2) hours in any one (1) day, for all time worked before the scheduled starting time and for all time worked after the scheduled finishing time. If any employee is not required to work on any holiday, such day shall be counted as seven and one-half (7-1/2) hours of work for the purpose of computing a thirty-seven and one-half (37-1/2) hour week. Where an employee is required to work additional overtime contiguous to an overtime shift within a twenty-four (24) hour period, the employee will be compensated at the rate of double time his or her straight time hourly rate for all additional contiguous overtime hours worked.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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