Full Day Rate Sample Clauses
The Full Day Rate clause defines the standard fee charged for a complete day of work or service provided under the agreement. Typically, this rate applies when a contractor or service provider works a full day, regardless of the number of hours worked beyond a minimum threshold, and is often used in consulting, freelance, or project-based arrangements. By establishing a clear daily rate, this clause ensures both parties understand the cost structure for full-day engagements, reducing ambiguity and simplifying invoicing and payment processes.
Full Day Rate. 5.1.4.1 Effective until June 9, 2022, the substitute teachers’ daily rates of pay will be $200.00 plus six per cent (6%) vacation pay of $12.00 for a total of $212.00.
5.1.4.2 Effective June 10, 2022, 0.50 % increase, the substitute teachers’ daily rates of pay will be $201.00 plus six per cent (6%) vacation pay of $12.00 for a total of $213.00.
5.1.4.3 Effective September 1, 2022, 1.25% increase, the substitute teachers’ daily rates of pay will be $215.50 plus two per cent (2%) in lieu of benefits $4.50 for a total of $220.00
5.1.4.4 Effective September 1, 2023, 2% increase, the substitute teachers’ daily rates of pay will be $220.00 plus two per cent (2%) in lieu of benefits $4.50 for a total of $224.50.
Full Day Rate. 5.1.2.1. Effective until June 9, 2022, the substitute teachers’ daily rates of pay will be two hundred dollars ($200.00) plus six per cent (6%) vacation pay of twelve dollars ($12.00) for a total of two hundred and twelve dollars ($212.00).
5.1.2.2. Effective June 10, 2022, 0.50% increase; the substitute teachers’ daily rates of pay will be two hundred and one dollars ($201.00) plus six per cent (6%) vacation pay of twelve dollars and six cents ($12.06) for a total of two hundred thirteen dollars and six cents ($213.06).
5.1.2.3. Effective September 1, 2022, 1.25% increase), the substitute teachers’ daily rates of pay will be two hundred, fifteen dollars and seventy-two cents ($215.72) plus two per cent (2%) in lieu of benefits, four dollars and thirty-one cents ($4.31) for a total of two hundred twenty dollars and four cents ($220.04).
5.1.2.4. Effective September 1, 2023, 2% increase, the substitute teachers’ daily rates of pay will be two hundred twenty dollars and four cents ($220.04) plus two per cent (2%) in lieu of benefits, four dollars and forty cents ($4.40) for a total of two hundred and twenty-four dollars and forty-four cents ($224.44).