Staff members can apply in writing to move to their funding agreement, provided the total hours provided by the agreement remain the same. Overtime is calculated over the time of day or the average period. Employers can choose one of two options. The flexible average contract, which is not part of a collective agreement, applies: the calculation of flexible time depends on whether overtime is due. Workers must be paid for one and a half hours for all hours worked that exceed the average of 40 hours per week for the period covered by the agreement. In short, a financing agreement is an agreement between the employer and the employee, which allows employers and employees to increase the average number of hours worked for one, two, three or four weeks and to eliminate the need to pay overtime for the hours covered by the agreement. Then multiply by 4 to get the average number of overtime hours. If there is no collective agreement, the funding agreement must meet all the following criteria: no. If an employer wishes to offer new standard hours of work greater than 12 hours per day or 60 hours per week, or if the average is more than 12 weeks, an application for employment standards must be made for an average permit. 12-week cycle, in which the maximum hours worked in the cycle before overtime: Provided that this type of flexibility can be a big tic in the column more for the employer and the worker, but the requirements of overtime work standards can make flexible hours unsustainable for the end result. So what does an employer do when workers regularly work more than 8 hours a day or 40 hours a week, and the arrangement works well, but leads to regular overtime? One possible solution is a funding agreement. – double time for any hour worked more than 12 hours a day, and do you already have a funding agreement in place or consider rolling it out? Take the time to make sure you check all the right boxes by carefully checking the rules described above. If the average overtime is due, a few additional calculations are needed.
These calculations ensure that hours are not counted twice as much as average overtime and flexible time. The calculation is as follows: An overtime contract must be concluded in writing and must be dated and signed by you or by your union and your employer. The employee must receive a copy before the agreement takes effect. Funding agreements should not be subject to the employment standards branch. Flexible time is a paid break that is granted when an employee works more than the hours scheduled on a day, but no overtime. An employee must be free to work for at least 32 consecutive hours. This rest period can be taken in the same week, several weeks or one after another at any time during the duration of the schedule. You don`t have to sign an agreement. But if you apply for a job and you don`t sign, the employer may decide not to hire you. Yes, yes. Employers who allow workers or require workers to work longer than the hours of work set out in the agreement must pay these workers 1 1/2 times their normal hourly wage for overtime worked.