Common use of Pay Methods Clause in Contracts

Pay Methods. (a) In any pay period, each Operator will be paid a basic forty (40) hours as well as any overtime and premium payments earned in that pay period. It is recognized that more or less than forty (40) hours regular scheduled time may be worked during a pay period. All regular scheduled time in excess of forty (40) hours in a pay period will be paid at the regular straight time rates. (b) In the event an employee leaves the Operating Department, a balance of regular scheduled hours will be struck at the end of the last day, and his pay adjusted accordingly. Any excess hours owing to the employee will be paid at straight time rates. (c) All qualified Operators will claim their 8 hour Statutory Holiday pay, Article 16.01, on the actual date of the Holiday, and not on a lieu day if the Holiday falls on a Saturday or Sunday. (d) When an Operator works a regularly scheduled shift on a Statutory Holiday he shall be paid the Statutory Holiday pay plus Double Time. (e) When an Operator does not work on a Statutory Holiday he will be paid the Statutory Holiday pay and will be allowed a day off in lieu to be included in the time bank. (f) At the scheduled zero time balance, any unscheduled hours in excess of 36 hours in the time bank will be paid out at straight time. The Operator may also choose to cash out any hours in excess of 36 hours at any time.