Overtime rate/pay

[Mr Rush]

has anyone heard of another company that does this?

In Soviet Russia you pay company to work overtime!

[alfieozzy]

Do u no option a please

[Sean06]

Do u no option a please

Day in lieu plus normal ot rate.

[alfieozzy]

Thanks

[Barrybarry]

Seems nobody knows

[Sean06]

Seems nobody knows

Its already been explained.

[Jonathan Alsatian]

Can anyone explain where options A and B for bank holiday rates apply and why there are two rates or options? The unit I worked in last year paid me extra days AL (sounds like option A) but the place I work now is paying £19.96 (option B). This seems to apply to both new and old contracts. Just wondering who or what decides which option applies.

[Sean06]

Can anyone explain where options A and B for bank holiday rates apply and why there are two rates or options? The unit I worked in last year paid me extra days AL (sounds like option A) but the place I work now is paying £19.96 (option B). This seems to apply to both new and old contracts. Just wondering who or what decides which option applies.

You decide by opting for a or b.

[Jonathan Alsatian]

And do you know if this £19.95 rate is supposed to be available for new entrants or only legacy? I know I currently get it and I'm a new entrant. But under my last two managers I was told I could only have an AL credit which at £12.54 per hour and £13.06 per hour (after last years annual rise) is crap compared to the £19.95 I seemingly could have had if my ex managers weren't toe-rags trying to keep their OT budgets low. Having said that, if I'm currently getting £19.95 BH rate when I shouldn't I'll not make a fuss.

[Smoothbackground]

I’ve always had it paid at the x1.25 OT rate (£19.38/hour) for those BHs I have been paid for.

[pm55]

Not 100% on the numbers so correct me if I'm wrong but I believe this is the new state of overtime rates after the 2026 agreement went through. (for London rates times all numbers by 1.186x)

Old contract: 2025:
£13.96 37-47 hours
£13.50 47+ hours
Old contract: 2026:
£14.37 37-47 hours
£13.91 47+ hours

New contract 2025:
£13.06 37-40 hours
£16.33 40+ hours (1.25x rate)

New contract 2026:
£13.68 all hours (1x rate)

If the new contracts just got the 3% from the previous no strings attached pay agreement it would have been:

New contract 2026 (without the extra 1.75% to base and loss of 1.25x OT rate):
£13.45 37-40 hours
£16.82 40+ hours (1.25x rate)

So trading 1.75% increase to base for a loss of 1.25x overtime rate means the difference in overtime rates between the two contracts above 40 hours has went from:

40-47 hours new contracts would have made 17% higher hourly rate
47+ hours new contracts would have made 21% higher hourly rate

To the new 1x flat overtime rate:

40-47 hours new contracts make 5% lower hourly rate
47+ hours new contracts make 1.7% lower hourly rate

None of this includes the extra paid meal relief old contracts get from going over 8 hours in a day. Anyone on the new contracts doing 40+ hours a week now is creating an even bigger gap between the two contracts the more hours they do, rather than reducing it like they did before.

The phrase "comparison is the death of joy" comes to mind

[Pfrizzy10]

Overtime? More like undertime. I wouldn’t do 10 seconds of it

[Barrybarry]

Not 100% on the numbers so correct me if I'm wrong but I believe this is the new state of overtime rates after the 2026 agreement went through. (for London rates times all numbers by 1.186x)

Old contract: 2025:
£13.96 37-47 hours
£13.50 47+ hours
Old contract: 2026:
£14.37 37-47 hours
£13.91 47+ hours

New contract 2025:
£13.06 37-40 hours
£16.33 40+ hours (1.25x rate)

New contract 2026:
£13.68 all hours (1x rate)

If the new contracts just got the 3% from the previous no strings attached pay agreement it would have been:

New contract 2026 (without the extra 1.75% to base and loss of 1.25x OT rate):
£13.45 37-40 hours
£16.82 40+ hours (1.25x rate)

So trading 1.75% increase to base for a loss of 1.25x overtime rate means the difference in overtime rates between the two contracts above 40 hours has went from:

40-47 hours new contracts would have made 17% higher hourly rate
47+ hours new contracts would have made 21% higher hourly rate

To the new 1x flat overtime rate:

40-47 hours new contracts make 5% lower hourly rate
47+ hours new contracts make 1.7% lower hourly rate

None of this includes the extra paid meal relief old contracts get from going over 8 hours in a day. Anyone on the new contracts doing 40+ hours a week now is creating an even bigger gap between the two contracts the more hours they do, rather than reducing it like they did before.

The phrase "comparison is the death of joy" comes to mind

pm55
Thanks very much

[ted_e_bear]

Not 100% on the numbers so correct me if I'm wrong but I believe this is the new state of overtime rates after the 2026 agreement went through. (for London rates times all numbers by 1.186x)

Old contract: 2025:
£13.96 37-47 hours
£13.50 47+ hours
Old contract: 2026:
£14.37 37-47 hours
£13.91 47+ hours

New contract 2025:
£13.06 37-40 hours
£16.33 40+ hours (1.25x rate)

New contract 2026:
£13.68 all hours (1x rate)

If the new contracts just got the 3% from the previous no strings attached pay agreement it would have been:

New contract 2026 (without the extra 1.75% to base and loss of 1.25x OT rate):
£13.45 37-40 hours
£16.82 40+ hours (1.25x rate)

So trading 1.75% increase to base for a loss of 1.25x overtime rate means the difference in overtime rates between the two contracts above 40 hours has went from:

40-47 hours new contracts would have made 17% higher hourly rate
47+ hours new contracts would have made 21% higher hourly rate

To the new 1x flat overtime rate:

40-47 hours new contracts make 5% lower hourly rate
47+ hours new contracts make 1.7% lower hourly rate

None of this includes the extra paid meal relief old contracts get from going over 8 hours in a day. Anyone on the new contracts doing 40+ hours a week now is creating an even bigger gap between the two contracts the more hours they do, rather than reducing it like they did before.

The phrase "comparison is the death of joy" comes to mind

pm55
Thanks very much

Thanks from me too that's helpful, nice change from some of the smart arse answers to such questions.