Current rate of pay definition

Current rate of pay means the member's actual hourly, daily, weekly, biweekly, monthly, or yearly rate of pay converted to an annual rate as defined in final rate of pay. The rate shall be certified by the employer;
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Current rate of pay means the member's actual hourly, daily, weekly, biweekly,
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Current rate of pay means, for Department employees, that employee’s salary plus benefits divided by 2080, or for persons employed by the Department to supervise or otherwise assist in the provision of public records, that person’s hourly rate as charged to the Department by that person’s employer.
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Examples of Current rate of pay in a sentence

  • Current rate of pay is what an employee earns after all incentives and/or premiums are added to their base rate of pay.

  • Two printouts will be provided – one listed alphabetically by Local 436 member names and the other listed by work site and shall include: Employee Name Employee identification number Date of appointment to current position Current rate of pay Identification of the employees whose union dues are being collected through the district payroll deductions indicated by an asterisk (*) Code by employment status Union member’s social security number.

  • SOC code (or nearest applicable which best describes your employment) Current rate of pay (hourly rate or annual salary) Number of hours this salary is based on Number of weekly hours Rate of pay for this SOC code stated in the codes of practice (hourly rate or annual salary) If you are unable to meet the appropriate rate of pay because you are on maternity, paternity, shared parental or adoption leave, you should answer questions 5.7, 5.8 and 5.9. If this does not apply to you, please go to section 6.

  • Current rate of pay is defined herein to mean the rate of pay said employee was receiving at the time of retirement or termination as above provided.

  • Appendix “A” – Wages • General Duty Cleaners – Current rate of pay $8.60 an hour.

  • If employment has NOT terminated, skip the first two blocks below and complete the rest of this section.)Date Last Worked (MMDDYY) Date Last Paid (MMDDYY) Current rate of pay (per hour, day, week, piece, etc.): $ per Amount worked per pay period (in hours, days, pieces, etc.):Day of week or date(s) of month on which paid:How often paid (weekly, biweekly, monthly, etc.):Date last paid (month, day, year):Rate of overtime pay (per hour, day, week, etc.): $ per Average overtime per pay period (no.

  • Current rate of pay is $11.42/hr; Subs are not utilized for daily absences but rather long term assignments; there are approximately ten current subs in the available pool but the District only uses a percentage of those.

  • Current rate of pay is $15.00 per hour and depending on eligibility, students may be authorized to work up to 10-15 hours per week during the academic year.

  • The patient claims that the objection cannot be taken seriously because pharmacists have a financial interest in maintaining a monopoly on the sale of prescription medicines.To determine how the patient’s argument proceeds, let’s examine each option:A.

  • At this time it is requested that the following items be made available: A report with all your current employees that includes the following: Name and titles Status (part-time/full-time/temp/seasonal) including number of hours worked Current rate of pay hourly/annually Employee hire date A list of all benefits provided including employer/employee portions for insurance plans. Your current policy and procedures regarding status of employees, benefits and compensation.

Related to Current rate of pay

  • Base Rate of Pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • weekly rate of pay means an employee’s annual rate of pay divided by 52.176.

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • Actual Rate of Pay means, unless and until the Agency Worker has completed the Qualifying Period, the rate of pay which will be paid for all time worked during an Assignment for each hour worked, as set out in the relevant Assignment Details Form;

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Ordinary rate of pay in Clause 17. - Annual Leave means the average rate the employee received for the four weeks preceding the taking of annual leave or the average rate received for the 12 months preceding such leave, whichever shall be the higher, provided that such average shall be computed taking into consideration any extra rates prescribed for night work, etc., and penalty rates for Sunday work where such work is part of the employee's normal working week of five days but excluding any amounts received by way of overtime or holiday penalty rates.

  • daily rate of pay means an employee's weekly rate of pay divided by five (5);

  • Final rate of pay means the actual rate upon which earnings of an employee were calculated during the twelve (12) month period immediately preceding the member's effective retirement date, and shall include employee contributions picked up after August 1, 1982, pursuant to KRS 78.610(4). The rate shall be certified to the system by the employer and the following equivalents shall be used to convert the rate to an annual rate: two thousand eighty (2,080) hours for eight (8) hour workdays, one thousand nine hundred fifty (1,950) hours for seven and one-half (7.5) hour workdays, two hundred sixty (260) days, fifty-two (52) weeks, twelve (12) months, one (1) year;

  • Regular rate of pay means the rate of pay the employee was receiving at the time maternity leave commenced, but does not include retroactive adjustment of rate of pay, acting pay, overtime, shift premium or any other form of supplementary compensation.

  • Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • NYFRB Rate means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received to the Administrative Agent from a Federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Prime Rate of Interest means that rate of interest designated as such by Fleet National Bank of Connecticut, N.A., or any successor thereto, as the same may from time to time fluctuate.

  • 3-Month LIBOR means the London interbank offered interest rate for three-month, U.S. dollar deposits determined by the Trustee in the following order of priority:

  • available rate of exchange means the rate at which the Creditor Party concerned is able at the opening of business (London time) on the Business Day after it receives the sum concerned to purchase the Contractual Currency with the Payment Currency. This Clause 21.4 creates a separate liability of the Borrower which is distinct from its other liabilities under the Finance Documents and which shall not be merged in any judgment or order relating to those other liabilities.

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Applicable LIBOR Rate means, (a) for Auction Periods of 35 days or less, One-Month LIBOR, (b) for Auction Periods of more than 35 days but less than 91 days, Three-Month LIBOR, (c) for Auction Periods of more than 90 days but less than 181 days, Six-Month LIBOR, and (d) for Auction Periods of more than 180 days, One-Year LIBOR.

  • CD Rate means: (1) the rate on the particular Interest Determination Date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published in H.15(519) (as defined below) under the caption “CDs (secondary market)”; or (2) if the rate referred to in clause (1) is not so published by 3:00 P.M., New York City time, on the related Calculation Date, the rate on the particular Interest Determination Date for negotiable United States dollar certificates of deposit of the particular Index Maturity as published in H.15 Daily Update (as defined below), or other recognized electronic source used for the purpose of displaying the applicable rate, under the caption “CDs (secondary market)”; or (3) if the rate referred to in clause (2) is not so published by 3:00 P.M., New York City time, on the related Calculation Date, the rate on

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

  • Published Rate means the rate of interest published each Business Day in The Wall Street Journal “Money Rates” listing under the caption “London Interbank Offered Rates” for a one month period (or, if no such rate is published therein for any reason, then the Published Rate shall be the rate at which U.S. dollar deposits are offered by leading banks in the London interbank deposit market for a one month period as published in another publication selected by the Administrative Agent).

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.