Basic Rate of Pay Sample Clauses

Basic Rate of Pay where used in this Agreement, shall mean eight (8) times Basic Hourly Rate.
Basic Rate of Pay. SECTION 1. For the purpose of calculating the hourly rate of pay which shall apply to excess hours of work (overtime), the established monthly salary of each employee shall be multiplied by twelve (12) to obtain the annual salary, which shall then be divided by the total number of contracted hours.
Basic Rate of Pay the Classified Rate of Pay plus any service pay entitlement.
Basic Rate of Pay. For the purpose of calculating the hourly rate of pay which shall apply to excess hours of work (overtime), the established monthly salary of each employee shall be multiplied by twelve (12) to obtain the annual salary, which shall then be divided by the total number of scheduled hours per year. Forty hour employees shall be divided by 2080 and twenty four (24) hour shift employees shall be divided by 2608. (365 days year/3 = 121.67 – 13 (K-days) = 108.67 x 24 = 2608)
Basic Rate of Pay. Section 1. The calculation of regular overtime shall be in accordance with established practices and in compliance with the provisions of the Fair Labor Standards Act.
Basic Rate of Pay. The basic rate of pay as listed in Appendix A equals the annual salary divided by two thousand seven hundred fifty-six (2,756) hours and should be paid bi-weekly. As of January 7, 2010, Employees will no longer receive incentive pay for EMT certification, as it is now a job requirement and included in basic rate of pay.
Basic Rate of Pay. The basic rate of pay equals: