Daily Rate of Pay Sample Clauses
The Daily Rate of Pay clause defines the specific amount an employee or contractor will be compensated for each day of work performed. This clause typically outlines how the daily rate is calculated, whether it is a flat fee or based on hours worked up to a daily maximum, and may specify if the rate applies to regular workdays, overtime, or special assignments. Its core practical function is to ensure both parties have a clear understanding of payment expectations for each day worked, thereby reducing disputes and providing transparency in compensation arrangements.
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Daily Rate of Pay. In applying these provisions, an employee’s daily rate of pay shall be the daily rate of pay at the time of retirement, as provided in the basic salary schedule for the fiscal year, and shall not include any additional compensation for overtime, or other extra compensation.
Daily Rate of Pay. The “daily rate of pay” of members is determined by dividing the total annual salary for the school year by the total number of days for the employment classification (job code).
Daily Rate of Pay. The unit member’s annual salary divided by the annual number of teacher duty days.
Daily Rate of Pay. Each employee’s daily rate of pay as of implementation of this agreement shall equal the number of the employee’s annual work days divided into the employee’s base annual salary rounded to the nearest cent immediately prior to implementation.
Daily Rate of Pay. A. It is understood that a teacher's daily rate of pay shall be based on the total number of work days per school year as set forth in Appendix A.
B. It is further understood that if a teacher begins teaching in a school year that has already started, or does not finish a school year, his/her total salary for that year shall be prorated to the amount of time worked in relation to the total number of work days as set forth in Appendix A.
C. It is further understood that this provision shall not apply in computing severance pay under ARTICLE VIII, Section 7 and 8 of this Agreement.
Daily Rate of Pay. In applying these provisions, the teachers’ daily rate of pay shall be the daily rate of pay at the time of resignation and shall not include any additional compensation for extra- curricular activities, extended employment or other extra compensation. The basic rate of pay shall be calculated based on 182 duty days.
Daily Rate of Pay. Daily Rate of Pay means the Employee's annual scheduled, salary divided by the number of duty days required by the school calendar.
Daily Rate of Pay. An eligible employee’s daily rate of pay shall be determined by the daily hours assigned in the last year of employment or the highest daily hours assigned in the last three years of employment.
Daily Rate of Pay. A daily rate of pay for certified staff will be determined by dividing the annual salary by the number of working days in the contract year.
Daily Rate of Pay. For purposes of calculating a teacher's daily rate of pay, such calculation shall be according to the following formula: