Loaded Wage Rate definition

Loaded Wage Rate means the Ordinary Wage Rate, plus a component for annual leave and personal leave entitlements.
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Loaded Wage Rate means the Ordinary Wage Rate, plus a component for pre• payment of annual leave and personal leave entitlements. (f) For the avoidance of doubt, "Wage Rate" excludes Overtime (Clause 18).
Sample 1
Loaded Wage Rate means the Ordinary Wage Rate, plus a Component for pre- payment of annual leave and personal leave entitlements.
Sample 1

Examples of Loaded Wage Rate in a sentence

  • If your Loaded Wage Rate increases after you have received payment of unused accrued annual leave and personal leave, but before you take such annual leave or personal leave, Brodalex will, at the time you take such unpaid annual leave or personal leave, pay to you an amount equal to the difference between the former pro-rata payment of your entitlement to annual leave or personal leave and the new pro-rata payment of your entitlement to annual leave or personal leave.

  • Act means the Fair Work Act 2009 (Cth) Award means Plumbing and Fire Sprinklers Award Base Wage Rate means the rates set out in Appendix A being the Loaded Wage Rate less Loadings Family and Domestic Violence means violent, threatening or other abusive behaviour by a family member of an employee that seeks to coerce or control that employee and causes them harm or to be fearful.

  • Available here: http://www.doleta.gov/agworker/report9/naws_rpt9.pdfFully Loaded Wage Rate The fully loaded wage rates for all sectors except workers are presented in Table 1.

  • Roxanne Jordan a proponent of liberation theology who later became the speaker of the Nelson Mandela Metropolitan Council argued: The role of the church in the new South Africa is constructive engagement and critical solidarity (Interview, 18 July 2001).

  • Incapacity to work 26 J Job Classifications 7, 31 Jury service 20, 22 L Letter of Engagement 1, 7 Loaded Wage Rate 2, 3, 20 Long service leave 22 M Maternity leave See Parental leave Minimum Shift Engagement Period 10 Minimum Wage Rate Schedule 15, 32, 33, 35, 37, 39, 41 N Nominal Expiry Date 3 Non-salaried Employee 2 Notice of termination 7, 25, 28, 29 O Off-the-job training 2 Ordinary Wage Rate.

  • Loaded Wage Rate: Benefits represent approximately 45% of unloaded wage rates, based on total benefits for all civilian non-farm workers from http://www.bls.gov/news.release/ecec.t01.htm Fully Loaded Wage Rate: The loaded wage rate is multiplied by 50% (EPA guidelines 20-70%) to get overhead costs.

  • Immediate Family has the same meaning as under the Act Loaded Wage Rate means the rates set out in Appendix A for Ordinary hours of work NES means National Employment Standards Ordinary hours of work shall be eight (8) consecutive hours, excluding meal break/s, worked between the hours of 6.00am and 6.00pm Monday to Friday Overtime means all time worked beyond the Ordinary hours of work Overtime Rates means the rates set out in Appendix A for approved Overtime worked.

  • Descriptive analysis refers to an analysis in which a researcher simply describes what is observed or how a program works without evaluating strengths or weakness.

  • The rates of pay for an employee engaged on the Loaded Wage Rate basis will be not less than those provided in the following table: LOADED WAGE RATES Classification • The rates of pay for casuals shall be the base level appointed plus a loading of 25% for all ordinary time worked.

  • Loaded Wage Rate: Unless stated otherwise, all benefits represent 46% of unloaded wage rates, based on average rate of benefits for all civilian non-farm workers (see http://www.bls.gov/news.release/ecec.t01.htm).

Related to Loaded Wage Rate

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Worker Wage Rate means the actual hourly wage of non-salaried persons performing work on the Project plus allowable employer contributions as established on the Worker Wage Rate Form required by the Construction Documents. The Worker Wage Rate must be reasonable and customary for their industry, must equal or exceed the prevailing wage established by Owner and must be approved in writing by Owner in advance of any Application for Payment. All payments for non-salaried personnel working on the Project are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by employer for services performed for the Project.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Straight-time rate means the hourly rate of remuneration.

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Adjusted Mortgage Rate As to each Mortgage Loan, and at any time, the per annum rate equal to the Mortgage Rate less the Master Servicing Fee Rate.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Prevailing wage rate means the rate, amount, or level of wages, salaries, benefits, and other

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Heat input rate means the amount of heat input (in mmBtu) divided by unit operating time (in hours) or, with regard to a specific fuel, the amount of heat input attributed to the fuel (in mmBtu) divided by the unit operating time (in hours) during which the unit combusts the fuel.

  • Weighted Average Net Mortgage Rate The weighted average of the Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the Stated Principal Balances thereof as of the close of business on the first day of the calendar month preceding the month in which such Distribution Date occurs.

  • Modified Net Mortgage Rate As to any Mortgage Loan that is the subject of a Servicing Modification, the Net Mortgage Rate minus the rate per annum by which the Mortgage Rate on such Mortgage Loan was reduced.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Blended Rate means, with respect to any Taxable Year, the sum of the effective rates of tax imposed on the aggregate net income of the Corporate Taxpayer in each state or local jurisdiction in which the Corporate Taxpayer files Tax Returns for such Taxable Year, with the maximum effective rate in any state or local jurisdiction being equal to the product of: (i) the apportionment factor on the income or franchise Tax Return filed by the Corporate Taxpayer in such jurisdiction for such Taxable Year, and (ii) the maximum applicable corporate tax rate in effect in such jurisdiction in such Taxable Year. As an illustration of the calculation of Blended Rate for a Taxable Year, if the Corporate Taxpayer solely files Tax Returns in State 1 and State 2 in a Taxable Year, the maximum applicable corporate tax rates in effect in such states in such Taxable Year are 6% and 5%, respectively and the apportionment factors for such states in such Taxable Year are 60% and 40%, respectively, then the Blended Rate for such Taxable Year is equal to 5.6% (i.e., 6% times 60% plus 5% times 40%).

  • Minimum Mortgage Rate With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Ramp Rate is the applicable Ramp Rate as stated in Section 8 of Schedule A.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Discount Net Mortgage Rate As defined in the Series Supplement.

  • Annual Revenue Rate means the rate employed to assess a compliance penalty charge on a Curtailment Service Provider under Tariff, Attachment DD, section 11. Annual Transmission Costs:

  • Adjusted Net Maximum Mortgage Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.