Loaded Rate definition

Loaded Rate means the appropriate fortnightly wage rate, for each Permanent or Permanent Part-Time CPO engaged to perform continuous shift work, and is calculated to include the following:
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Loaded Rate means one thirty-eighth of the weekly rate for the work performed plus 20% (ie. loading in lieu of annual leave, sick leave and public holidays) plus an additional amount for shift penalties (ie. either 15%, 30%, 50% or 100% as prescribed in Part V - HOURS OF WORK, PENALTY PAYMENTS, SHIFT WORK AND OVERTIME, Clause 5 - Shift
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Loaded Rate means one thirty-eighth of the weekly rate for the work performed plus 20% (ie. loading in lieu of annual leave, personal leave and public holidays) plus an additional amount for shift penalties (ie. either 15%, 30%, 50% or 100% as prescribed in Part V - HOURS OF WORK, PENALTY PAYMENTS, SHIFT WORK AND OVERTIME, Clause5 - Shift Work - Division A - Process Attendants Finfish and/or Shellfish) of one thirty- eighth of the weekly rate for the work performed. Example: The hourly rate for a casual Process Attendant Level 1, (weekly rate $527.10), for working an afternoon shift (15% loading) shall be calculated as follows: $1/38th of weekly rate13.87plus 20% of $13.872.77Sub total16.64plus 15% of 1/38th of weekly rate $13.872.08Total per hour18.72
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Examples of Loaded Rate in a sentence

  • YEAREstimatedAnnual Miles Fully Loaded Rate Per Mile (Per Body) Submitted By:Authorized Signature: Date: Printed Name and Title: Company Name: Company Address: Location(s) from which services will be performed (City/State): FEIN: eMM #: Telephone: ( ) -- Fax: ( ) -- E-mail: ATTACHMENT G – LIVING WAGE REQUIREMENTS FOR SERVICE CONTRACTS Living Wage Requirements for Service Contracts A.

  • For example, if the Subcontractor’s Loaded Rate is $100 and the Prime Offeror’s bid loadings are G&A at 10% and Fixed Fee at 8%, the Sub Loaded Rate w/Prime Bid Loadings rate will be $118.80 [($100 * 110%) * 108%].

  • Employers vary in size, the types of workers they employ, corporate culture, and resources.

  • The NCRO prepares a sanitized, translated version of the Reviewer’s decision which will be available on InfoZone.

  • Attached and marked as Annexure A is a comparison of the 2014 EA Loaded Rate (which is the base rate of pay under the Retail Award only) compared to the minimum rates and entitlements CCPL currently provides to Retail Employees pursuant to the Retail Award.

  • There was no automatic mechanism under the 2014 EA that operated to increase the 2014 EA Loaded Rate.

  • The current quality score indicators and the range of pre-school characteristics used for analysis and/or developmental change measures may be insufficiently discriminatory to allow for more subtle analysis.

  • A cover letter.b. A completed Loaded Rate Sheet (Attachment J.11).c.

  • For Exempt staff: During regular work day, actual travel time not to exceed 8 hours in any one day or one way travel will be billed as follow: Billing rate for travel time = Loaded Rate Formula "C" above.

  • Pursuant to the 2014 EA, Retail Employees are paid the 2014 EA Loaded Rate for all ordinary hours of work and do have any entitlement to receive penalty rates for weekend work, public holidays worked or evenings worked.


More Definitions of Loaded Rate

Loaded Rate means one thirty-eighth of the weekly rate for the work performed plus 20% ( i.e. loading in lieu of annual leave, sick leave and public holidays) plus an additional amount for shift penalties (i.e. either 15%, 30%, 50% or 100% as prescribed in Clause 32 - Shift Work) of one thirty-eighth of the weekly rate for the work performed.
Sample 1
Loaded Rate means one thirty-eighth of the weekly rate for the work performed plus 20% ( i.e. loading in lieu of annual leave, sick leave and public holidays) plus an additional amount for shift penalties (i.e. either 15%, 30%, 50% or 100% as prescribed in Clause 32 - Shift Work) of one thirty-eighth of the weekly rate for the work performed. Example: The hourly rate for a casual Process Attendant Level 1, (weekly rate$313.90), for working an afternoon shift (15% loading) shall be calculated as follows: 1/38th of weekly rate=$8.26plus 20% of $8.26=1.65Sub Total $9.91plus 15% of 1/38th of weekly rate ($8.26) 1.24Total $11.15 per hour
Sample 1

Related to Loaded Rate

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Agreed Rate means LIBOR plus 100 basis points.

  • Reference Rate means the rate specified as such hereon.

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR 1.00-Eurodollar Reserve Percentage

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Absorbed dose rate means absorbed dose per unit time, for machines with timers, or dose monitor unit per unit time for linear accelerators.

  • LIBOR Interest Rate means the rate per year (rounded upward to the next one-sixteenth (1/16th) of one percent (0.0625%), if necessary) determined by CNB to be the quotient of (a) the LIBOR Base Rate divided by (b) one minus the Eurocurrency Reserve Requirement for the Interest Period; which is expressed by the following formula: LIBOR Base Rate

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day.

  • Adjusted LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.

  • Prescribed Rate means the rate of 4% above The Royal Bank of Scotland plc base rate from time to time in force.