Apprentices Wage Formula. Apprentice wages will be calculated as a proportion of the appropriate tradesman’s total pay rate as prescribed herein according to the following: 1. From the tradesman’s total pay rate will be deducted: ▪ Industry Allowance as prescribed from time to time by the award; ▪ Tool Allowance as prescribed from time to time by the award. 2. The Apprentices Base Rate will then be calculated as a percentage of the balance of the Tradesman’s total rate of pay prescribed by this Agreement – award prescribed percentages (calculated to the nearest 10 cents, less than five cents to be disregarded) to apply. 3. To the above amount will be added the full Industry Allowance and Tool Allowance as then prescribed by award. 4. Daily Fares, etc Allowance for apprentices will be a proportion of the Adult Allowance as prescribed by this Agreement. Award prescribed percentages (calculated to the nearest five cents, two cents and less to be disregarded) to apply. Apprentices actual rates of pay for the period 1/3/05 to 29/2/06 are set out in Appendix B. • All expense-related allowances not specifically mentioned in this agreement (i.e. other than Fares and Travelling Time) will be paid as per the award as varied from time to time. • Site allowances shall be paid in accordance with Appendix C hereof.
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Samples: Building and Construction Industry Enterprise Agreement, Certified Agreement, Certified Agreement
