Common use of Determination of Direct Salary Rate Clause in Contracts

Determination of Direct Salary Rate. For each Assigned Employee, the Commissioner shall determine and approve in writing the Direct Salary Rate per hour to be paid for such employee. An Assigned Employee’s Direct Salary Rate per hour shall be whichever of the following is LESS: (1) Actual Annual Direct Salary Rate per hour for the Assigned Employee, computed as described above, or (2) Maximum Allowable Direct Salary Rate per hour for the Assigned Employee’s title, as set forth in Exhibit B.

Appears in 3 contracts

Samples: ddc.foil.nyc, ddcrfpdocuments.nyc.gov, ddcrfpdocuments.nyc.gov

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Determination of Direct Salary Rate. For each Assigned EmployeePersonnel, the Commissioner shall determine and approve in writing the Direct Salary Rate per hour to be paid for such employee. An Assigned Employee’s Direct Salary Rate per hour shall be whichever of the following is LESS: (1) Actual Annual Direct Salary Rate per hour for the Assigned Employee, computed as described above, or (2) Maximum Allowable Direct Salary Rate per hour for the Assigned Employee’s title, as set forth in Exhibit B..

Appears in 1 contract

Samples: Hirenyc and Reporting

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