Piece Rate Clause Samples

The Piece Rate clause establishes a payment structure where compensation is based on the number of units produced or tasks completed, rather than on hours worked. In practice, this means workers are paid a fixed amount for each item they manufacture, assemble, or process, such as being paid per garment sewn or per widget assembled. This clause incentivizes productivity by directly linking pay to output, and it provides employers with a clear method for calculating labor costs based on measurable results.
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Piece Rate. The employee and the employer shall, where the employee is required to perform piece work by the employer, agree upon the rates thereof between them and the rates shall be so determined that the Employee shall earn at least 10 % over and above the prescribed basic wage.
Piece Rate. (a) Whether you are on the piece rate or the hourly rate will be determined by the agreement of the parties. (b) The parties can agree to vary the piece rate for like things on the basis that the earning over time would be the same.
Piece Rate. If one of the parties so wishes, a piece rate agreement can be made for piecework that cannot be deduced from the price lists agreed between the organisations. Proposals for this shall be made in writing to the counterparty during the course of the work, and the counterparty shall within 5 working days reply to the proposal in writing after which the proposal and replies shall be negotiated between the parties. The parties are obliged to acknowledge receipt. If no response is received within the aforementioned 5 working days, the proposal is considered approved. The date of receipt is not counted in the above-mentioned deadline. Failure to reach agreement shall be determined in accordance with rules for handling industrial disagreements. Requests to this effect must be made within 2 months of receipt of the claim.
Piece Rate. The parties hereby agree that PRT may establish piecework for FNW3a/FNW3s at its discretion. Where piecework is established it will be offered to the FNW3a/FNW3s in order of their seniority and assigned to FNW3a/FNW3s in reverse order of seniority. PRT may also offer other employees covered by the Collective Agreement the option of performing certain specified work functions on a piece rate basis. The employees who elect to do piecework when offered, will do so for the entire period of the major activity (including but not restricted to sowing, thinning and lifting). Once the specific major activity ends, the employees who have elected, at their option, the piecework, will revert to working on the hourly wage rate set out in the Collective Agreement for their classification. The parties hereby agree that effective January 1, 1998, the Office Manager at each nursery will be excluded from the bargaining unit and collective agreement coverage. The parties agree that the position of Confidential Administrative/Clerical Assistant to the Vice President, General Manager is excluded from the bargaining unit for all purposes, including for the purposes of the Collective Agreement. The Confidential Administrative/Clerical Assistant will provide assistance to the Vice President, General Manager as well as perform general nursery office work. The parties further agree that should the Vice President, General Manager relocate to the Employer's head office, the position of Confidential Administrative/Clerical Assistant will no longer be required. In such circumstances, the remaining general nursery office work, if any, will revert to the bargaining unit.
Piece Rate. 1.1. A piece rate shall be calculated for each newspaper distributed in each work entity or, if a work entity consists of more than one part, each part thereof, in accordance with Item 1.2. 1.2. A time value shall be calculated for each work entity or part thereof in accordance with the conditions for means of travel and distribution work determined within each em- ployer company. The time value shall be multiplied by the table-specified hourly salary in salary table 101 or 001 corresponding to the shift rotation system used. In the capital re- gion (Helsinki, Espoo, Vantaa, and Kauniainen), the time value shall be multiplied by the hourly salary in salary table PKS 101 or PKS 001. The piece rate is determined by divid- ing the monetary value of the work entity or part thereof by the number of newspapers to be distributed in the work entity or part thereof. 1.3. The company-specific grounds for means of travel and distribution work that serve as the basis of time value calculation shall be agreed upon between the employer’s and the employees’ representatives locally at the company level in conformance with section 47 of the collective labour agreement.
Piece Rate. The wage rate for the FNWs 2 and 3 shall be as follows:
Piece Rate. 2.1 Two piece rates have been negotiated with the bull ring workers. The first to be paid when support roles are provided by casuals. The second when bull ring workers are used in these roles (in addition to picking). 2.2 The piece rate and incentive payment will be subject to increases described to in Clause 8 of this agreement.
Piece Rate. Details of the incentive system are attached hereto and made a part hereof as “Exhibit C”. There shall be a process for review of incentive standards, including review by a Union International Time study Representative if necessary.
Piece Rate. 1.1. A piece rate shall be calculated for each newspaper distributed in each work entity or, if a work entity consists of more than one part, each part thereof, in accordance with Item 1.2. 1.2. A time value shall be calculated for each work entity or part thereof in accordance with the conditions for means of travel and distribution work determined within each employer company. The time value shall be multiplied by the table-specified hourly salary in salary table 101 or 001 corresponding to the shift rotation system used. In the capital region (Helsinki, Espoo, Vantaa, and Kauniainen), the time value shall be multiplied by the hourly salary in salary table PKS 101 or PKS 001. The piece rate is determined by dividing the monetary value of the work entity or part thereof by the number of newspapers to be distributed in the work entity or part thereof. 1.3. The company-specific grounds for means of travel and distribution work that serve as the basis of time value calculation shall be agreed upon between the employer’s and the employees’ representatives locally at the company level in conformance with section 47 of the collective labour agreement.

Related to Piece Rate

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

  • Base Rate The greater of (a) the fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s Head Office as its “prime rate” or (b) one half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

  • Mandate Rate The Mandate Rate shall be based upon the monthly average of the net assets of the funds in the Equity asset class, as indicated on Master Schedule A to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The Mandate Rate may vary by class. The Mandate Rate shall be determined on a cumulative basis pursuant to the schedule set forth in Schedule 1 of this Contract.

  • Overtime Rate In accordance with the applicable wage and hour laws, the overtime rate will be one and one-half (1-1/2) of an employee’s regular rate of pay. The regular rate of pay will not include any allowable exclusions.

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.