guaranteed overtime definition
guaranteed overtime. (“goramser gwarantedig”) means overtime which an agricultural worker is obliged to work either under their contract of service or their apprenticeship and in respect of which the agricultural worker’s employer guarantees payment, whether or not there is work for the agricultural worker to do;
guaranteed overtime. As used in this agreement is premium pay based both upon the specific type of hours worked, such as hours worked on recognized holidays and emergency call-in duty. The overtime rate of 1 ½ times the regular base hourly rate is paid, guaranteed, for all of the specific hours worked whether the total hours worked for the week exceed 40 hours or not. Since the specified hours are already guaranteed overtime pay, they are not counted again as hours actually worked for the purposes of calculating additional overtime for the week. If counted again as hours actually worked towards overtime, the result would be a duplication, or pyramiding, of overtime which is not permitted by the terms of this agreement.
guaranteed overtime refers to assignments compensated at a rate of time and a half, without regard to the number of hours worked in a pay period.
More Definitions of guaranteed overtime
guaranteed overtime means overtime which a worker is obliged to work under their contract of employment and in respect of which the worker’s employer guarantees payment to the worker, whether or not there is work for the worker to do;