diff --git a/dkron/job.go b/dkron/job.go
index 0001ac7b7..a92372100 100644
--- a/dkron/job.go
+++ b/dkron/job.go
@@ -33,6 +33,9 @@ const (
 	ConcurrencyAllow = "allow"
 	// ConcurrencyForbid forbids a job from executing concurrency.
 	ConcurrencyForbid = "forbid"
+
+	// HashSymbol is the "magic" character used in scheduled to be replaced with a value based on job name
+	HashSymbol = "~"
 )
 
 var (
@@ -305,38 +308,58 @@ func (j *Job) GetTimeLocation() *time.Location {
 	return loc
 }
 
+// nameHash returns hash code of the job name
+func (j *Job) nameHash() int {
+	hash := 0
+	for _, c := range j.Name {
+		hash += int(c)
+	}
+	return hash
+}
+
 // scheduleHash replaces H in the cron spec by a value derived from job Name
-// such as "0 0 H * * *"
+// such as "0 0 ~ * * *"
 func (j *Job) scheduleHash() string {
 	spec := j.Schedule
-	if strings.Contains(spec, "H") && strings.Count(strings.TrimSpace(spec), " ") == 5 {
-		h := 0
-		for _, c := range j.Name {
-			h += int(c)
+
+	if !strings.Contains(spec, HashSymbol) {
+		return spec
+	}
+
+	hash := j.nameHash()
+	parts := strings.Split(spec, " ")
+	partIndex := 0
+	for index, part := range parts {
+		if strings.HasPrefix(part, "@") {
+			// this is a pre-defined scheduled, ignore everything
+			return spec
 		}
-		parts := strings.Split(spec, " ")
-		for index, part := range parts {
-			if strings.Contains(part, "H") {
-				// mods taken in accordance with https://dkron.io/docs/usage/cron-spec/#cron-expression-format
-				ph := h
-				switch index {
-				case 2:
-					ph %= 24
-				case 3:
-					ph = (ph % 31) + 1
-				case 4:
-					ph = (ph % 12) + 1
-				case 5:
-					ph %= 7
-				default:
-					ph %= 60
-				}
-				parts[index] = strings.ReplaceAll(part, "H", strconv.Itoa(ph))
+		if strings.HasPrefix(part, "TZ=") || strings.HasPrefix(part, "CRON_TZ=") {
+			// do not increase partIndex
+			continue
+		}
+
+		if strings.Contains(part, HashSymbol) {
+			// mods taken in accordance with https://dkron.io/docs/usage/cron-spec/#cron-expression-format
+			partHash := hash
+			switch partIndex {
+			case 2:
+				partHash %= 24
+			case 3:
+				partHash = (partHash % 28) + 1
+			case 4:
+				partHash = (partHash % 12) + 1
+			case 5:
+				partHash %= 7
+			default:
+				partHash %= 60
 			}
+			parts[index] = strings.ReplaceAll(part, HashSymbol, strconv.Itoa(partHash))
 		}
-		return strings.Join(parts, " ")
+
+		partIndex++
 	}
-	return spec
+	return strings.Join(parts, " ")
 }
 
 // GetNext returns the job's next schedule from now
diff --git a/dkron/job_test.go b/dkron/job_test.go
index 1407cc692..a144a23a4 100644
--- a/dkron/job_test.go
+++ b/dkron/job_test.go
@@ -192,6 +192,18 @@ func Test_isRunnable(t *testing.T) {
 	}
 }
 
+func Test_scheduleHash(t *testing.T) {
+	job := &Job{
+		Name: "test_job",
+	}
+	job.Schedule = "0 0 ~ * * *"
+	assert.Equal(t, "0 0 18 * * *", job.scheduleHash())
+	job.Schedule = "TZ=Europe/Madrid 0 0 1 * ~ *"
+	assert.Equal(t, "TZ=Europe/Madrid 0 0 1 * 7 *", job.scheduleHash())
+	job.Schedule = "TZ=Europe/Madrid @at something with ~"
+	assert.Equal(t, "TZ=Europe/Madrid @at something with ~", job.scheduleHash())
+}
+
 type gRPCClientMock struct {
 }
 
diff --git a/website/docs/usage/cron-spec.md b/website/docs/usage/cron-spec.md
index 77baf8025..13d3d2e23 100644
--- a/website/docs/usage/cron-spec.md
+++ b/website/docs/usage/cron-spec.md
@@ -9,12 +9,12 @@ A cron expression represents a set of times, using 6 space-separated fields.
 
 	Field name   | Mandatory? | Allowed values  | Allowed special characters
 	----------   | ---------- | --------------  | --------------------------
-	Seconds      | Yes        | 0-59            | * / , -
-	Minutes      | Yes        | 0-59            | * / , -
-	Hours        | Yes        | 0-23            | * / , -
-	Day of month | Yes        | 1-31            | * / , - ?
-	Month        | Yes        | 1-12 or JAN-DEC | * / , -
-	Day of week  | Yes        | 0-6 or SUN-SAT  | * / , - ?
+	Seconds      | Yes        | 0-59            | * / , - ~
+	Minutes      | Yes        | 0-59            | * / , - ~
+	Hours        | Yes        | 0-23            | * / , - ~
+	Day of month | Yes        | 1-31            | * / , - ? ~
+	Month        | Yes        | 1-12 or JAN-DEC | * / , - ~
+	Day of week  | Yes        | 0-6 or SUN-SAT  | * / , - ? ~
 
 Note: Month and Day-of-week field values are case insensitive.  "SUN", "Sun",
 and "sun" are equally accepted.
@@ -51,6 +51,10 @@ Question mark ( ? )
 Question mark may be used instead of '*' for leaving either day-of-month or
 day-of-week blank.
 
+Tilde ( ~ )
+
+Tilde will be replaced by a numeric value valid for the range where it is used. It allows periodically scheduled tasks to produce even load on the system. For example, scheduling multiple hourly jobs to "0 ~ * * * *" rather than "0 0 * * * *" will run the jobs at different minutes of every hour. It can be thought of as a random value over a range, but it actually is a hash of the job name, not a random function, so that the value remains stable for any given job. 
+
 ### Predefined schedules
 
 You may use one of several pre-defined schedules in place of a cron expression.