Calculating Hourly Wage Sample Clauses

Calculating Hourly Wage. 14.5.1 For the purposes of calculating the hourly rate of pay for employees who are paid on the basis of a monthly salary, hourly wages shall be determined by the following formula: Annual Salary divided by weekly hours worked divided by 52 weeks = Standard Hourly Rate.
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Calculating Hourly Wage. For the purposes of calculating the hourly rate of pay for employees who are paid on the basis of a monthly salary, hourly wages shall be determined by the following formula: Annual Salary = Standard Hourly Rate Annual Work Schedule The above formula is used to calculate the Standard Hourly Rate for determining overtime pay, sick leave payout, and vacation leave payout.

Related to Calculating Hourly Wage

  • Hourly Wage Rates The Employer shall pay wages to every employee covered by this Agreement at the rates set forth in Schedule "A" hereunto annexed in respect of the various classifications therein contained. Schedule "A" shall be deemed to be contained in, and form a part of this Agreement.

  • Operating Hours Subject to Building Rules and Regulations and such security standards as Landlord may from time to time adopt, the Building shall be open to the public during the Building Operating Hours and the Premises shall be open to Tenant during hours other than Building Operating Hours.

  • Twelve Hour Shifts Employees shall be entitled, subject to exigencies of patient care and/or departmental requirements, to rest periods during the shift of a total of forty-five (45) minutes.

  • WORKING HOURS AND OVERTIME 18 A. FULL-TIME EMPLOYEE 18 B. PART-TIME EMPLOYEE 20 6. Part-time Meat Cutter 21 C. EXTRA MEAT CUTTER. 21 D. MEAT DEPARTMENT EIGHT-HOUR GUARANTEE 21 E. WORKWEEK 21 F. OVERTIME 21 G. SIXTH DAY/GROCERY 22 H. SIXTH OR SEVENTH DAY/GROCERY 22 I. SIXTH OR SEVENTH DAY/MEAT 22 J. REGULAR WORKDAY 22 K. READY FOR WORK 22 L. LEGAL PROCEEDINGS 22 M. WORK SCHEDULE 23 N. FALSIFICATION OF TIME RECORDS 23 1. No Employer Knowledge 23 2. Collusion 23 3. Coercion 23 O. CONSECUTIVE DAYS WORKED. 24 P. PREDESIGNATED DAY OFF GUARANTEE 24 Q. SUNDAY GUARANTEE 24 R. WORKDAY DEFINED. 25 S. ON CALL 25 T. PART-TIME EMPLOYEES - SIXTH DAY 25 U. WORK IN A HIGHER CATEGORY AND OTHER DEPARTMENTS (GENERAL MERCHANDISE CLERKS WORKING IN HIGHER CLASSIFICATION) 25 V. TRAVEL PAY 26 W. INTERRUPTION OF OPERATIONS 26 ARTICLE 6 - WAGES 26

  • Per Diem or Hourly An employee whose compensation is fixed on a per diem or hourly basis shall be paid the daily or hourly rate for work performed during the bi-weekly payroll period on a bi-weekly pay schedule. There shall be no compensation for time not worked unless such time off is authorized time off with pay.

  • Payment of Wages Wages will be paid weekly by electronic funds transfer (EFT). The employer shall comply with all provisions in relation to the keeping of time and wage records and production of pay slips in accordance with the Industrial Relations Xxx 0000. Each employee is responsible for the accurate and timely completion and provision of time sheets and production records.

  • Hourly Fees Fees for work performed by Consultant on an hourly basis shall not exceed the amounts shown on Exhibit B.

  • Overtime Computation Computation of overtime will be rounded upward to the nearest one-tenth (1/10th) of an hour.

  • Overtime Hours Except as otherwise provided in this section, all hours worked in excess of the established work day, before or after an employee's regular scheduled shift, or on any regularly scheduled day off, shall be considered overtime. All paid vacation time, paid holidays, paid sick leave, compensatory time off, and paid leaves of absence shall be considered as "time worked" for purposes of this Article. Part-time employees whose established work day is less than eight (8) hours shall not be considered to be working overtime until having completed eight (8) hours of work.

  • Overtime Compensation (a) Overtime worked shall be compensated at the following rates:

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