Premium Time definition

Premium Time. The hold hour shall be paid at straight time rates, as indicated in the overtime rates above. Beyond the hold hour shall be paid at 150%. Work beyond an 8-hour span between midnight and 8:00 a.m. pays at 200%. Work beyond the hold hour and between midnight at 8:00 a.m. pays at 165% of scale. The 7th hour of recording within the 8-hour span pays at 120%. Overtime is paid in 15-minute increments. Saturdays and Sundays are not premium, unless they are the employee’s sixth or seventh consecutive day or work for the same Producer, in which case they shall receive 150% of scale.
View Source
Premium Time. All work performed on a Sunday or Holiday.
View Source
Premium Time any time that falls outside the period 07:00 to 19:00 Monday to Friday, and any time on a Saturday or Sunday. General Council Conditions: the National Health Service Staff conditions of service of general application as determined by the General Council of the ▇▇▇▇▇▇▇ Councils for the Health Services (Great Britain) as may be amended from time to time, or any provisions which may be agreed by a successor body to the General Council and may reasonably be considered to have replaced the current conditions of service. Honorary Employer (or honorary employing organisation): the NHS organisation issuing the honorary contract.
View Source

Examples of Premium Time in a sentence

  • The minimum deposit amount of the Premium Time Deposit shall be 10,000,000 yen per unit.

  • The Premium Time Rate shall be paid without overhead and profit calculated against the differential.

  • Premium Time is work related efforts of SBC-AMERITECH performed other than on a normally scheduled workday.

  • For the purpose of this Agreement, yen savings deposit shall be referred to as "Savings Deposit", yen time deposit shall be referred to as "Time Deposit", time deposit with a minimum deposit amount of 10,000,000 yen or more and which is specifically indicated in the branch offices shall be referred to as "Premium Time Deposit ", yen special deposit shall be referred to as “Special Deposit”, and two-week-maturity yen deposits shall be referred to as “2 Weeks Maturity Deposit” respectively.

  • Premium Time is work related efforts of Windstream performed other than on a normally scheduled workday.

  • Per Hour: Well Driller 10% of straight 10% of straight & Helper time rate plus $ 13.50 time rate plus $ 13.50 Additional $ 4.25/Hr. for Premium Time Hours Worked See (B2, P, S) on OVERTIME PAGE Paid: See (5, 6, 16, 23) on HOLIDAY PAGE Overtime: See (5, 6, 16, 23) on HOLIDAY PAGE Apprentices at 12 Month Terms Wages Per Hour: 1st Term $ 28.00 $ 28.00 2nd Term 29.00 29.00 3rd Term 30.00 30.00 SUPPLEMENTAL BENEFITS Per Hour: All Terms 10% of Wage + $ 13.50 Additional $4.25/Hr. for premium time hours worked.

  • Premium Time is work related efforts of AT&T-21STATE performed other than on a normally scheduled workday.

  • Charges for a security escort are assessed in half-hour increments as Basic, Overtime, or Premium Time charges.

  • Premium Time is work related efforts of ALLTEL performed other than on a normally scheduled workday (typically weekends and holidays).

  • PE1BT Basic Time NA $33.81/$21.42 PE1OT Overtime NA $44.03/$27.67 PE1PT Premium Time NA $54.26/$33.92 N/A refers to rate elements which do not have a negotiated rate.

Related to Premium Time

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Premium Loading means the additional premium on top of the Standard Premium charged by the Company to the Policy Holder according to the additional risk assessed for the Insured Person.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.