Average hourly earnings Sample Clauses

Average hourly earnings. Clause 1. The average hourly earnings of an hourly paid employee shall be used as a factor in reckoning payments of wages and compensation as separately stipulated in this collective agreement.

Average hourly earnings. The average hourly earnings rate per hour is calculated on the basis of the average of the total money earned divided by the hours worked in a regular week. The average hourly earnings rate will be calculated and adjusted every 12 weeks and changed accordingly. This average hourly earnings rate will be used for all payments as described in “Methods of Payment”. The Union is to receive copies of the 12-week average hourly earnings for each of the ongoing 12-week periods.

Average hourly earnings. It is agreed that for purposes of calculating the payment of overtime premium, legal holidays and the vacations, and of applying other clauses of the present agreement stipulating the payment of an average hourly rate, the straight-time average hourly earnings of employees paid on a piece work or incentive basis shall be determined each year for two (2) separate periods, as follows: From January through the last pay period in April, to be known as the Spring Average Rate; From the first weekly pay period in July through the last pay period in October, to be known as the Fall Average Rate. The Spring Average Rate is to be determined for each employee by dividing his actual gross piece work or incentive earnings for the period as specified in Article