Salary Rate definition

Salary Rate is a specific amount of money paid for a specific period of service.

Salary Rate means the rate of pay computed by multiplying the employee’s base salary by their Full Time Equivalent (FTE).

Salary Rate is a specific amount of money paid pursuant to an established salary schedule on an hourly, monthly, or annual basis.

Examples of Salary Rate in a sentence

• HHSAR Clause 352.231-70, Salary Rate Limitation (December 2015) Note: The Salary Rate Limitations is at the Executive Level II Rate.See the following website for Executive Schedule rates of pay: https://www.opm.gov/policy-data-oversight/pay-leave/salaries-wages/.(For current year rates, click on Salaries and Wages/Executive Schedule/Rates of Pay for the Executive Schedule.

• The Project Manager’s Monthly Salary Rate may be included in the General Conditions Costs only when the Project Manager is directly located on and managing the Project.

• Records of expenses pertaining to Additional Services and services performed on the basis of a Worker Wage Rate or Monthly Salary Rate shall be kept on the basis of generally accepted accounting principles and in accordance with cost accounting standards promulgated by the Federal Office of Management and Budget Cost Accounting Standards Board and shall be available for audit by Owner or Owner’s authorized representative on reasonable notice.

• The Project Manager’s Monthly Salary Rate may be included in the General Conditions Costs only when the Project Manager is directly managing the Project.

• Records of expenses pertaining to Additional Services and services performed on the basis of a Worker Wage Rate or Monthly Salary Rate shall be kept on the basis of generally accepted accounting principles and in accordance with cost accounting standards promulgated by the Federal Office of Management and Budget Cost Accounting Standards Board and shall be available for audit by the Owner or the Owner's authorized representative on reasonable notice.

More Definitions of Salary Rate

Salary Rate means a base rate of pay, whether expressed as a single rate of pay, including a rate of pay expressed on an hourly, weekly, bi-weekly, monthly, annual or some other periodic basis, or a range of rates of pay, or, if no such rate or range exists, any fixed or ascertainable amount of base pay. (“taux de traitement”)

Salary Rate. A specific amount of money paid for a specific period of service. • SALARY SCHEDULE: Currently a series of salary steps and ranges comprising the rates of pay for all classes. • SALARY STEP: One of the salary levels within the range or rates for a class. • SATISFACTORY: This rating indicates that the performance of the evaluatee is average to excellent.

Salary Rate. A specific amount of money paid for a specific period of service.

Salary Rate refers to the actual take-home hourly rate that the Contractor pays to its Assigned Personnel for performing the work of an Assignment set forth in the applicable Order (in other words, the rate reflected on the temporary employee’s paycheck). A Salary Rate is a component of the Billing Rate paid by the Judicial Council or JBE for services rendered by the Contractor’s Assigned Personnel. A Salary Rate shall be in accordance with the appropriate Salary Rate, as set forth in Appendix B, Attachment 1, Pricing Schedules, or it shall be pursuant to an agreement, documented in writing by the parties in accordance with this Master Agreement, which shall be incorporated into Appendix B, Attachment 1, Pricing Schedules, via a subsequent Amendment to this Master Agreement.

Salary Rate for the purposes of determining the gratuity shall mean the rate of pay paid to the employee as of the date of retirement; or

Salary Rate is the amount of money authorized to be paid on a hourly, daily weekly, or monthly basis for a particular classification within the bargaining unit based upon the agreed upon salary schedule.

Salary Rate is a specific amount of money paid for a specific period