Calculation of Group Agreements with Hourly Pay Periods

For cases in which the time unit of group agreements is measured in hours, overlap is measured similar to group agreements with a daily time unit.

In cases where there is no overlap between the effective periods between the two agreements, the result is zero.

Overlap = F(D ₂ (E ₁₂ )) / F(D ₂ (E ₂ ))

where

• F = Number of Fixed Working hours for the payout days in the given period.
• D₂ = Days of payout in the given period, using the payout days of the group agreement.
• E₁ = Effective Period of the percent agreement.
• E₂ = Effective Period of the group agreement.
• E₁₂ = Effective Period overlap between the percent agreement and the group agreement.
• If there is no overlap between the effective periods of the two agreements, the result is zero.