Equipment being out of phase has nothing to do with the timing. The timing of the 50/60 Hz signal actually changes throughout the day. On average the signal over 24 hours will equal about 24 hours so you can keep time with it, but as the load changes on the grid it will actually slow down and then speed back up when people turn off their devices at night.

The phases of the grid as a whole actually get synched up automatically. For example when they spin up a new turbine at a power plant if it is not within a certain percentage of the phase cycle it can actually cause massive amounts of damage as it gets pulled into the phase automatically.

The electric grid companies actually want to lower the current requirements for the 50/60 Hz cycle to be accurate in a 24 hour period to longer, such as possibly a week. This could mean that the clock in your oven for example may be a minute or two slow and slowly catch up over time as the grid has moments where it is clocked faster than 50/60 Hz.

For example see this graph of the last 60 minutes: http://www.nationalgrid.com/uk/Electricity/Data/Realtime/Fre... and here it is in real time for the whole US: http://fnetpublic.utk.edu/gradientmap.html

And here is the experiment that the power companies wanted to run/still are running regarding the relaxing of keeping the grid at 60 Hz: http://www.nbcnews.com/id/43532031/ns/technology_and_science...