Hourly Rate definition

Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.
Hourly Rate means the rate(s) prescribed in the contract for payment for labor that meets the labor category qualifications of a labor category specified in the contract that are—
Hourly Rate means (insert £x per hour) being the minimum gross rate of pay that the Employment Business reasonably expects to achieve, for all hours worked by the Agency Worker;

Examples of Hourly Rate in a sentence

  • Unit members’ voluntary participation shall be compensated at the Contract Hourly Rate of $50.00 per hour (effective July 1, 2021).

  • Overtime worked on the sixth day, shall be paid at 1.5 times the Hourly Rate for the first eight hours; then at 2 times the Hourly Rate for the next six hours (i.e. up to the end of the 14th hour); and at 3 times the Hourly Rate thereafter (i.e. from the beginning of the 15th hour).

  • The Hourly Rate may be prorated to reflect portions of an hour when Services are performed.

  • Time worked on a seventh day, is paid at 2 times the Hourly Rate for the first thirteen hours; and at 3 times the Hourly Rate thereafter (i.e. from the beginning of the 14th hour).

  • Hourly RTP Rate = MENERGY + CAP where: MENERGY = Marginal Energy Cost per kilowatt-hour including marginal fuel and variable operating and maintenance expenses CAP = Tiered Capacity Charge per kilowatt-hour applicable whenever the day-ahead forecast of the ratio of hourly available generation to hourly demand is equal or less than 1.15 Hourly Rate = (Hourly Energy Charges + Rationing Charges).


More Definitions of Hourly Rate

Hourly Rate is the rate at which an Interpreter will be reimbursed per hour of service.
Hourly Rate means, the regular rate of the employee effective immediately prior to the date on which the disability occurred, excluding overtime or shift bonus.
Hourly Rate means the annual salary divided by the Employee’s normal annual hours of work;
Hourly Rate means £7 per hour being the minimum rate of pay (subject to Deductions) that the Employment Business reasonably expects to achieve, for all hours worked by the Agency Worker;
Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel.
Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for Contractor personnel and if appropriate, subcontractor personnel.
Hourly Rate means the amount paid to an employee for each hour worked. The hourly rate may be any amount within a specific hourly wage range.