Hourly rates of pay definition

Hourly rates of pay the hourly equivalent of the monthly base rates of pay as published in the Compensation Plan. The hourly rates are computed by dividing the monthly salary by 173.33.
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Examples of Hourly rates of pay in a sentence

  • The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for services provided under this agreement: Item I Specific Hourly rates of pay shown in SCHEDULE B (EXHIBIT ) for employees assigned to this PROJECT.

  • The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for services provided under this agreement: Item I Specific Hourly rates of pay shown in SCHEDULE B (EXHIBIT __) for employees assigned to this PROJECT.

  • The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for his services under this agreement: Item I Specific Hourly rates of pay shown in EXHIBIT "B-1" for employees assigned to this PROJECT.

  • If the AGREEMENT is extended beyond (end date in Article 4), then all of the Specific Hourly rates of pay shown in EXHIBIT are eligible for rate adjustments.

  • Rate Of Pay (97) Hourly rates of pay may be changed consistent with changed duties and responsibilities.

  • The STATE shall pay to the CONSULTANT and the CONSULTANT agrees to accept as full compensation for services provided under this agreement: Item I – Specific Hourly rates of pay shown in SCHEDULE B (EXHIBIT ) for employees assigned to this Project.

  • Hourly rates of pay will be as per Schedule “A” of the Collective Agreement.

  • Hourly rates of pay, including rates of contributions or costs anticipated for fringe benefits; 4.

  • The STATE shall pay to the CONSULTANT, and the CONSULTANT agrees to accept as full compensation for his services under this agreement: Item I Specific Hourly rates of pay shown in SCHEDULE B for employees assigned to this PROJECT.

  • Records to be maintained include, but not limited to: • Name, address, and social security number of each worker • Each worker’s work classification • Hourly rates of pay, including rates of contributions or costs anticipated for fringe benefits or their cash equivalents.

Related to Hourly rates of pay

  • 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)

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

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

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

  • Schedule of rates of Railway means the schedule of rates issued under the authority of the Chief Engineer from time to time and shall also include Rates specified in tender document.

  • 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.

  • Amount Generally Billed or “AGB” means, with respect to emergency and other medically necessary care, the amount generally billed to individuals who have insurance covering such care.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • 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;

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

  • 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.

  • 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;

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • Capitation rate means the fee the department pays monthly to a participating health or dental plan for each enrollee for the provision of covered medical or dental services whether or not the enrollee received services during the month for which the fee is intended.

  • 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.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Dollars or “$” refers to lawful money of the United States of America.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Workweek means any week during which a Class Member worked for Defendant for at least one day, during the Class Period.