Hourly Wage Rate definition

Hourly Wage Rate refers to the hourly rate that the Consultant will receive for services provided under each engagement, regardless of potential sub-contracting layers. The Contractor’s Hourly Wage Rate is set forth in Appendix D.
Hourly Wage Rate means the minimum hourly wage rate which must be paid to the Selected Candidate. For example, Hourly Wage Rate x Mark Up = Hourly Bill Rate.
Hourly Wage Rate as respects any Operation Year shall mean the minimum hourly wage prescribed to be paid to the workers described below, appropriately adjusted from time to time to reflect changes in fringe benefits required by law or by applicable labor agreements and computed on an hourly basis, in major office buildings (hereinafter called "Class A Office Buildings") and in effect as of January 1 in such Operation Year (or if such rate and/or benefits shall be subject to change during an Operation Year then the average thereof for such Operation Year as reasonably estimated or calculated by Landlord) pursuant to an agreement between the Realty Advisory Board on Labor Relations, Incorporated (or any successor thereto) and Local 32B of the Service Employees International Union, AFL-CIO (or any successor thereto) covering the wage rates of those workers classified as "Others" (or any successor or equivalent designation) in Class A Office Buildings which said minimum hourly wage rates shall be computed on the basis of the total weekly amount required to be paid to said workers in the Building for regular work weeks (exclusive of any overtime or premium pay work in such regular work weeks.) Such total weekly amounts shall be inclusive of all payments or benefits of every nature and kind (including those required to be paid by the employer directly to the taxing authorities or others on account of the employment) such as, without limiting the generality of the foregoing, social security, unemployment and all other similar taxes, holiday and vacation pay, incentive pay, accident, health and welfare insurance programs, pension plans, guarantee pay plans and supplemental unemployment benefit programs, and fringe benefits, payments, plans or programs of a similar or dissimilar nature, irrespective of whether they may be required or provided for in any applicable law or regulation or otherwise. If there is no such agreement in effect as of any such January 1 by which the Hourly Wage Rate is determinable, computations and payments shall thereupon be made upon the basis of the Hourly Wage Rate being paid by the Landlord or by the contractor performing the cleaning services for Landlord on such January 1 for porters or cleaners, as the case may be, and appropriate retroactive adjustment shall thereafter be made when the Hourly Wage Rate paid on such January 1 pursuant to such agreement for said workers is finally determined and provided further that if as of the last day of such Oper...

Examples of Hourly Wage Rate in a sentence

  • Hourly Wage Rate – Calculated figure based on Total Compensation divided by Total Hours Worked.

  • Firms must provide a Maximum Hourly Wage Rate Schedule listing job classifications.

  • Replacement of a Consultant will not be grounds for an increase in the Hourly Wage Rate or Markup, or an extension of the time for completion of the engagement.

  • The Monthly Report shall include, but not be limited to the following information: location where Service was performed; service group; job title; skill level; skill demand; total hours worked during billing period; Hourly Wage Rate, Markup, Hourly Xxxx Rate, and total amount billed.

  • A new Employee without experience shall be placed on Step 1 of the Hourly Wage Rate Schedule (Appendix B).


More Definitions of Hourly Wage Rate

Hourly Wage Rate means the weekly wage divided by the number of ordinary hours of work worked by an employee in a week; "hours of work" includes all periods of driving and any time spent by a driver, security officer or any other employee on other work connected with the vehicle or the load and all periods during which the employee is obliged to remain at his or her post in readiness to work when required to do so, but does not include any meal interval prescribed in terms of clause 5 or any period in respect of which a subsistence allowance is payable to an employee in terms of clause 36, if during such interval or period the employee does no work other than remaining in charge of the vehicle and its load, if any, or guarding the vehicle and its load, if any;
Hourly Wage Rate means the employee’s Salary divided by the number of days of employment divided by the contracted hours per day.
Hourly Wage Rate means the price per hour per individual that Contractor Personnel receive for Services provided under this Agreement.
Hourly Wage Rate means the price per hour per individual that Contractor Personnel will receive for services provided under the Agreement.
Hourly Wage Rate means the minimum hourly wage rate which must be rate that paid to the Selected Candidate. For example, Hourly Wage Rate x Mark Up = Hourly Bill Rate. will receive for services provided under each Engagement, regardless of potential subcontracting layers, after taxes, deductions and all other fees are charged (take-home pay).
Hourly Wage Rate means the hourly wage rate applicable to a Pilot under Section 3 of the Pilots Agreement expressed as a number rounded to two decimal places. For the purposes of the allocation described in this Appendix only, however, the hourly wage rates for Pilots in their second through fourth year of longevity shall be calculated and stated as the percentage of Captain's pay for First Officers and Second Officers effective under Section 3-I of the Pilot Agreement beginning on the third anniversary of the execution date of the Pilots Agreement. (For example, the Hourly Wage Rate for First Officers in their second year of longevity shall be fifty percent (50%) of Captain's pay for purposes of this Appendix.)
Hourly Wage Rate means the Total Compensation per hour per individual that the Contractor personnel will receive for services provided under the Contract, regardless of potential subcontracting layers. Where individuals are not compensated on an hourly basis, Hourly Wage Rate shall mean the employee’s periodic Total Compensation divided by the number of hours the individual is expected to work during the period.