Derivation of Bi-Weekly and Monthly Rates Sample Clauses

Derivation of Bi-Weekly and Monthly Rates. The hourly rates set forth in Schedule "A" shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi-weekly and monthly rates is as follows: hourly x bi-weekly = bi-weekly rate (taken rate hours to 2 decimal places) bi-weekly rate x 26.089 = monthly rate (taken to 12 the nearest dollar)
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Derivation of Bi-Weekly and Monthly Rates. The hourly rates set forth in Schedule "A" shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi- weekly and monthly rates is as follows: hourly x bi-weekly = bi-weekly rate (taken rate hours to 2 decimal places) bi-weekly rate x 26.089 = monthly rate (taken to 12 the nearest dollar) The resultant hourly and bi-weekly rates are the pay rates to which salaried employees are entitled. The monthly salaries shall be calculated to the nearest dollar. (e.g. 50¢ or more shall be increased to the next highest dollar and less than 50¢ shall not be counted.)
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Derivation of Bi-Weekly and Monthly Rates. The hourly rates set out above shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi-weekly and monthly rates is as follows: hourly rate x bi-weekly hours = bi-weekly rates (taken to two decimal places) bi-weekly rate x 26 = monthly rate (taken to the nearest dollar) 12 Anomalies nt.] y grades - Pay grade adjustments when Temporary Employees were reduced from 16% in lieu of benefits to 12% in lieu of benefits [adjustments made in 1994 January 01 to 1996 December 31 Collective Agreeme - Step 6 to be created for the following individuals in the following occupations and subsequent pa only: Name Occupation Code Pay Grade Xxxxxx, Xxxxxxxxxx 1150 12 − The following people were eligible for a Step 6 because of the elimination of pay grades 10 and 11: Name Pay Grade Xxxxxx, Xxxxx 12 Xxxxx, Xxxxxx 13 Total of 5 Pages SCHEDULE “B” TO THE 2001 - 2003 COLLECTIVE AGREEMENT BETWEEN THE MUNICIPALITY AND THE ASSOCIATION ALPHABETICAL LISTING OF INSIDE CLASSIFICATIONS AND THEIR PAY GRADES Class No. Ref. Notes Class Title Pay Grade No. 1010 5.02(c)(i),4.03(a) Accounting Clerk I 13 1020 5.02(c)(iii) Accounting Clerk II 17 1030 5.02(c)(iii) Accounting Clerk III 20 2090 5.02(c)(iii) Accounting Clerk IV 24 2120 5.02(c)(i) Accounting Clerk/Cashier I 13 1860 5.02(c)(iii) Accounting Supervisor 26 1040 5.02(c)(ii) Accounts Payable Clerk 15 2010 5.02(c)(i) Accounts Payable Clerk I 12 2000 5.02(c)(iii) Accounts Payable Clerk II 17 1890 Sch B(a), 5.02(c)(ii),4.03(a) Aquatic Leader I 15 (7.5 hrs) 1450 Sch B(a), 5.02(c)(iii), 4.03(a) Aquatic Leader II 17 (7.5 hrs) 1440 Sch B(a), 5.02(c)(iii) Aquatic Program Coordinator 20 (7.5 hrs) 1060 5.02(c)(iii) Aquatic Supervisor 22 1870 5.02(c)(iii) Assistant Deputy Clerk 22 1070 5.02(c)(iii) Assistant Municipal Clerk 23 2080 5.02(c)(iii) Assistant Planner 26 1690 5.02(c)(iii) Assistant Program Coordinator 18 (7.5 hrs) 2190 5.02(c)(iii) Building Maintenance Technician 21 (8 hrs) 1080 Sch B(b), (d)(i), 5.02(c)(ii), 4.03(a) Building Maintenance Worker I 15 (8 hrs) 1090 Sch B(b), (d)(i), 5.02(c)(iii) Building Maintenance Worker II 16 (8hrs) 2280 5.02(c)(iii) Building Maintenance Worker – 16 (8 hrs) Xxxxxxxxx Xxxx 0000 5.02(c)(iii) Buyer 19 (8 hrs) 1120 5.02(c)(iii) By-Law/Licence Xxxxxxxxx 00 0000 Xxx X(x), 5.02(c)(i), 4.03(a) Cashier & Registrations Clerk I 12 (7.5 hrs) 1160 Sch B(a), 5.02(c)(i), 4.03(a) Cashier & Registrations Clerk II 13 (7.5 hrs) 1130 5.02(c)(i),4.03(a) Cashier Clerk...
Sample 1

Related to Derivation of Bi-Weekly and Monthly Rates

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Determination of One-Month LIBOR Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date. “One-Month LIBOR” will be determined by using the “Interest Settlement Rate” for U.S. dollar deposits with a maturity of one month set by ICE Benchmark Administration Limited (“ICE”) as of 11:00 a.m. (London time) on the LIBOR Adjustment Date (the “ICE Method”). ICE’s Interest Settlement Rates are currently displayed on Bloomberg L.P.’s page “BBAM.” That page, or any other page that may replace page BBAM on that service or any other service that ICE nominates as the information vendor to display the ICE’s Interest Settlement Rates for deposits in U.S. dollars, is a “Designated Page.” ICE’s Interest Settlement Rates currently are rounded to five decimal places. If ICE’s Interest Settlement Rate does not appear on the Designated Page as of 11:00 a.m. (London time) on a LIBOR Adjustment Date, or if the Designated Page is not then available, One-Month LIBOR for that date will be the most recently published Interest Settlement Rate. If ICE no longer sets an Interest Settlement Rate, Freddie Mac will designate an alternative index that has performed, or that Freddie Mac (or its agent) expects to perform, in a manner substantially similar to ICE’s Interest Settlement Rate.

  • Variation of Charges (a) Subject to clause 5.6(b), ARTC will immediately pass on to the Access Holder any net effect of any imposition of new taxes or charges, increases or decreases in taxes or charges (other than income tax) which is a tax, royalty, rate, duty, levy or impost of general application imposed on ARTC by any government or regulatory authority and which is directly attributable to the provision by ARTC to the Access Holder of access to the Network.

  • BASE PAY RATE The employee's basic hourly rate exclusive of overtime premium, shift premium, stability or any other special allowances.

  • Detailed Monthly Report Vendor shall electronically provide DIR with a detailed monthly report in the format required by DIR showing the dollar volume of any and all sales under the Contract for the previous calendar month period. Reports are due on the fifteenth (15th) calendar day of the month following the month of the sale. If the 15th calendar day falls on a weekend or state or federal holiday, the report shall be due on the next business day. The monthly report shall include, per transaction: the detailed sales for the period, Customer name, invoice date, invoice number, description, quantity, MSRP or List Price, unit price, extended price, Customer Purchase Order number, contact name, Customer’s complete billing address, the estimated administrative fee for the reporting period, subcontractor name, EPEAT designation (if applicable), configuration (if applicable), contract discount percentage, actual discount percentage, negotiated contract price (if fixed price is offered instead of discount off of MSRP), and other information as required by DIR. Each report must contain all information listed above per transaction or the report will be rejected and returned to the Vendor for correction in accordance with this section. Vendor shall report in a manner required by DIR which is subject to change dependent upon DIR’s business needs. Failure to do so may result in contract termination.

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