Pay Rate means the annual interest rate of two percent (2.0%).

Pay Rate means those actual direct labor expenses that are incurred for the benefit of performing the Work under a specific Subcontract(s). These expenses, as defined, must satisfy the allowability and allocability requirements of Federal Acquisition Regulation (FAR) Part 31, Contract Cost Principles. The Subcontractor’s actual Pay Rate(s) solely consists of direct labor (gross hourly wage(s)) expenses that are completely unburdened with profit or any application of G&A, overhead or indirect rate expenses.

Pay Rate has the meaning set forth in Section 3(a).

Examples of Pay Rate in a sentence

The Board authorizes the Administration to revise Pay Rate and Spending in the event that a pay rate is superseded by change to the collective bargaining agreement or the pay rates of the assigned personnel.
Certified Pay Rate: The Contractor will receive the actual rate of wage or scale as set forth in his most recent payroll for each classification of laborers, and forepersons who are in direct charge of the specific operation.
Pay Rate for Overtime: Time worked over forty (40) hours per week is paid at one and one- half (1.5) rate.
Applicable Pay Rate means the pay rate determined in accordance with section 2.3.
Emergency overtime assignments shall be assigned at the discretion of the District.C. Pay Rate for Overtime: Time worked over forty (40) hours per week is paid at one and one- half (1.5) rate.

More Definitions of Pay Rate

Pay Rate means those actual direct labor expenses that are incurred for the benefit of performing the Work under a specific Subcontract/Subaward/Contract(s). These expenses, as defined, must satisfy the allowability and allocability requirements of Federal Acquisition Regulation (FAR) Part 31, Contract Cost Principles. For Subawards and Contracts under Assistance Awards funded with Federal funds, these expenses must satisfy the allowability and allocability requirements of 2 CFR 200 Subpart E - Cost Principles. The Supplier’s actual Pay Rate(s) solely consists of direct labor (gross hourly wage(s)) expenses that are completely unburdened with profit or any application of G&A, overhead or indirect rate expenses.

Pay Rate means an employee’s hourly pay rate as specified in the compensation rate field contained in HCM, the Port’s HRIS system.

Pay Rate classification" shall mean the division of positions into levels of comparable work and consistent rate of pay.

Pay Rate means a rate per annum equal of two percent (2.0%).

Pay Rate means the hourly or daily rate of gross pay agreed between the parties for any Assignment and any other applicable benefits for which there is a cash equivalent paid to the Temporary Worker, profit share, commission, bonus, living allowances, car allowance, travel allowances, overseas allowances and joining inducements (“Pay”); together with, for all PAYE Temporary Workers, a charge in respect of: (i) Employer’s National Insurance contributions at 13.8% of Pay (“ENI”); (ii) pension contribution costs under clause 10 at 2% of Pay; and (iii) apprenticeship levy at 0.5% of Pay. The Pay Rate is inclusive of any holiday pay to which the PAYE Temporary Worker is entitled. ENI and the apprenticeship levy will be payable for limited company contractors on Assignment at a public sector or publicly funded client who are inscope of the IR35 rules.

Pay Rate. As defined in the PELRA, teachers may apply for and/or be assigned by the administration as department chairpersons and team leaders. Payments, as reflected in Schedule C, will appear as separate line items on the pay statement.

Pay Rate means a rate of pay as set out in Schedule “A” and Schedule “B”.