Y-RATE definition

Y-RATE means a pay rate outside of the assigned salary range of a class.
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Y-RATE means an individual employee's salary rate is more than the maximum rate of the established salary range for the employee's classification.
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Y-RATE. An employee occupying a position which is reallocated to a class, the maximum salary for which is less than the incumbent's present salary or occupying a position in a class the salary rate or range for which is reduced, shall continue to receive his or her present salary. Such salary shall be des- ignated as a Y rate and when that employee vacates this position, it shall be filled in accordance with new salary range established. Y-rating shall not apply to employees who are demoted for just cause, including unacceptable level of performance, or as a result of demotion under the provisions of the Layoff policy.
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Examples of Y-RATE in a sentence

  • RATES HIGHER THAN TOP STEP 10/E (Y-RATE) Whenever the salary of an employee exceeds top Sstep 10/E of the salary range established for a classification, such salary shall be designated as a "Y-rate".

  • Y-RATE shall mean a pay rate outside of the assigned salary range of a class.

  • S afety codeScaffolds:(i) Suitable scaffolds should be provided for workmen for all works that cannot safely be done from the ground, or from solid construction except such short period work as can be done safely from ladders.

  • Y-RATE shall mean a pay rate outside of the assigned pay grade of a class.

  • RATES HIGHER THANSTEP TOP STEP10/E (Y-RATE) Formatted: Not HighlightFormatted: Not HighlightFormatted: Not HighlightWhenever the salary of an employee exceeds top stepStep 10/E of the salary range established for a classification, such salary shall be designated as a "Y-rate.".

  • One study discovered that a physician will typically wait only 23 seconds before interrupting and steering the conversation.6 While patients are unlikely to relay information in an organized fashion, assuming leadership of the conversation by interrupting from the start is not only disrespectful to the patient, but it will end the best opportunity to understand the patient’s priorities.

  • ITEMDESCRIPTIONUNITQUANTIT YRATE (KSHS)AMOUNT (KSHS)11.1.Provide and supply one 110KVA standby generator as per specification No. SCHEDULE 1 SUMMARY BROUGHT FORWARD ItemDescriptionCode11 Bidders shall enter a code representing the country of origin of all imported plant and equipment.2 Specify currency.

  • The order of the transformation is from left to right, where the leftmost integer letter represents the first rotation axis of the first rotation.123XYZ321ZXZNoYes RATE_FRAME X_ANGLEANGLE_1 Y_ANGLEANGLE_2 Z_ANGLEANGLE_3 ANGLE_1_DOT ANGLE_2_DOT ANGLE_3_DOT X_RATEY_RATE Z_RATEThe value of this keyword expresses the relevant keyword to use that denotes the frame of reference in which the X_RATE, Y_RATE and Z_RATE are expressed.

  • ITEM DESCRIPTION UNIT QTY ITE M DESCRIPTIONUNI TQT YRATE KSHSAMOUN T KSHSCT S BILL NO.


More Definitions of Y-RATE

Y-RATE means that a position is reclassified to a classification with a lower hourly range. The 24 hourly rate of the incumbent shall be “y-rated” effective July 1 of the fiscal year in which the 25 initial request was submitted. The anniversary date of the incumbent shall not change. Such “y- 26 rated” hourly rates shall remain in effect until the hourly step of the lower range to which the 27 incumbent is entitled equals or exceeds the amount of the “y-rated” hourly rate. Longevity 28 increases are not incorporated in the “y-rate”. Employees “y-rated” will retain their transfer 29 right for one (1) year from the effective date the “y-rate” is approved by the BOT.
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Y-RATE means a pay outside of the assigned salary range of a class. If the position is reassigned or reclassified to a class with a lower salary range and the employee’s current base salary falls within the lower salary range, the base salary of the employee shall remain the same. If the employee is not at the top of their range, the date they are eligible for their next merit increase will not change.
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Y-RATE means a salary rate and/or benefit rate outside of the salary rate and/or benefit rate of a classification. (§ 1, Ord. 513, as amended by § 1, Ord. 650.31, eff. February 5,
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Y-RATE means a monthly salary rate, for an individual employee, which is greater than the established range for his/her class.
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Y-RATE. An employee occupying a position which is reallocated to a class, the maximum salary for which is less than the incumbent's present salary or occupying a position in a class the salary rate or range for which is reduced, shall continue to receive his/her present salary. Such salary shall be designated as a Y rate and when that employee vacates this position, it shall be filled in accordance with new salary range established. Y-rating shall not apply to employees who are demoted for just cause, including unacceptable level of performance, or as a result of demotion under the provisions of the Layoff policy. EXHIBIT C EMERGENCY MEDICAL SERVICES PROGRAMS
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Y-RATE means, for purposes of this Part 3, a special salary rate which entitles
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Related to Y-RATE

  • Recovery Rate means, in relation to any UK Four institution the percentage of the original face value of senior unsecured debt obligations of the affected UK Four institution, as derived by the Calculation Agent from either the ISDA Auction Final Price or the Market Value.

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Daily Rate for any RFR Banking Day is:

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Applicable Treasury Rate means the weekly average for each Business Day during the most recent week that has ended at least two Business Days prior to the redemption date of the yield to maturity at the time of computation of United States Treasury securities with a constant maturity (as compiled and published in the Federal Reserve Statistical Release H.15 (or, if such statistical release is not so published or available, any publicly available source of similar market data selected by the Company in good faith)) most nearly equal to the period from the redemption date to April 1, 2024; provided, however, that if the period from the redemption date to April 1, 2024 is not equal to the constant maturity of a United States Treasury security for which a yield is given, the Applicable Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the yields of United States Treasury securities for which such yields are given, except that if the period from the redemption date to such applicable date is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used.

  • CDOR Rate is defined in the definition of “Eurocurrency Rate” herein.

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.

  • Index Rate means, for any day, a floating rate equal to the higher of (i) the rate publicly quoted from time to time by The Wall Street Journal as the "base rate on corporate loans posted by at least 75% of the nation's 30 largest banks" (or, if The Wall Street Journal ceases quoting a base rate of the type described, the highest per annum rate of interest published by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled "Selected Interest Rates" as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • Eurodollar Rate with respect to each day during each Interest Period pertaining to a Eurodollar Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%): Eurodollar Base Rate

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Reference Rate means the rate specified as such hereon.

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the weekly average yield to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the most recent weekly average yield to maturity for two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15 (519). If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

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