Overtime Worked Overtime Hours Rate of Payment Clause Samples
The "Overtime Worked Overtime Hours Rate of Payment" clause defines how overtime work is recognized and compensated within an employment agreement. It typically specifies what constitutes overtime (such as hours worked beyond the standard workweek), the process for recording or approving overtime, and the rate at which overtime hours are paid—often at a premium above the regular hourly wage. This clause ensures that employees are fairly compensated for extra hours worked and provides clear guidelines for both employers and employees, thereby preventing disputes over pay and working hours.
Overtime Worked Overtime Hours Rate of Payment. Monday to Friday Authorized overtime beyond normal scheduled hours worked in the day Time and one half (T-1/2) Saturday Authorized overtime. Time and one-half (T-1/2) Sunday Authorized overtime. Two times (2T) Statutory Holiday Authorized overtime. Monday to Friday: Two times (2T) for all unscheduled hours plus a Statutory Holiday credit. Saturday: Two times (2T) for all unscheduled hours worked.
Overtime Worked Overtime Hours Rate of Payment. Scheduled Work Days Authorized overtime beyond normal scheduled hours worked in the day. Monday to Saturday: Time and one half (T- 1/2) Sundays and Statutory Holidays: Two times (2T) Granted Days: Time and one half (T-1/2). Scheduled Days Off Authorized overtime on a normally scheduled day off. Monday to Saturday: Time and one-half (T- 1/2). Sunday: Two times (2T). Statutory Holidays (Monday to Friday): Two times (2T) plus a Statutory Holiday credit for hours worked up to normal hours for the day. Statutory Holiday (Saturday): Two times (2T). Granted Days: Time and one-half (T-1/2)
Overtime Worked Overtime Hours Rate of Payment. Monday to Friday Authorized overtime beyond normal scheduled hours worked in the day to a maximum of two hours in a given day and to a cumulative maximum of six and one-half hours in a given week (Thursday to Wednesday excluding Saturday, Sunday and statutory holidays). Straight time (T) Monday to Friday Authorized overtime beyond 2 hours beyond normal scheduled hours worked in the day or beyond a cumulative six and one-half hours in a given week (Thursday to Wednesday excluding Saturday, Sunday and statutory holidays). Time and one half (T-1/2) Saturday Authorized overtime. Time and one-half (T-1/2) Sunday Authorized overtime. Two times (2T) Statutory Holiday Authorized overtime. Monday to Friday: Two times (2T) for all unscheduled hours plus a Statutory Holiday credit. Saturday: Two times (2T) for all unscheduled hours worked.