Average hourly earnings Sample Clauses

Average hourly earnings. Average hourly earnings are calculated by quarter such that the salary for work done during that time, not counting increases for additional work, overtime and Sunday work, or compensation for on-call shifts, is divided by the number of hours of work done during that quarter.
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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.
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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. No average hourly earnings shall be calculated for employees whose wages are defined on the basis of some time factor other than the hour (the week, term or month). The stipulations of the appendix on payment 11 § of wages as a monthly wage shall govern the payment of compensation for lost earnings, overtime and Sunday work bonuses, compensation for weekly time off and certain other compensations. (See pp. 198-206).
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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
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Related to Average hourly earnings

  • Credited Service A year of “Credited Service” shall mean a calendar year in which the Participant is paid for at least 1,000 hours of service (as defined in the frozen Hasbro Pension Plan) as an employee of the Company or of a Subsidiary of the Company. A Participant does not need to be, or have been, a participant in the Hasbro Pension Plan.

  • Benefit Level The primary care clinics available through each plan administrator are assigned a Benefit Level. The Benefit Levels are outlined in the benefit chart below. Primary care clinics may be in different Benefit Levels for different plan administrators. Family members may be enrolled in clinics that are in different Benefits Levels. Employees and their dependents may change to clinics in different Benefit Levels during the annual open enrollment. Employees and their dependents may also elect to move to a clinic in a different Benefit Level within the same plan administrator up to two (2) additional times during the plan year. Unless the individual has a referral from his/her primary care clinic, there are no benefits for services received from providers in Benefit Levels that are different from that of the primary care clinic in which the individual has enrolled.

  • Average Contribution Amount For purposes of this Agreement, to ensure that all employees enrolled in health insurance through the City’s HSS are making premium contributions under the Percentage-Based Contribution Model, and therefore have a stake in controlling the long term growth in health insurance costs, it is agreed that, to the extent the City's health insurance premium contribution under the Percentage-Based Contribution Model is less than the “average contribution,” as established under Charter section A8.428(b), then, in addition to the City’s contribution, payments toward the balance of the health insurance premium under the Percentage-Based Contribution Model shall be deemed to apply to the annual “average contribution.” The parties intend that the City’s contribution toward employee health insurance premiums will not exceed the amount established under the Percentage-Based Contribution Model.

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Weekend Premium Pay Any nurse who works on a weekend shall receive four dollars ($4.00) per hour premium pay for each hour worked on the weekend in addition to the nurse’s regular rate of pay. Weekend premium pay shall not be included in the nurse’s regular rate of pay for overtime pay calculations, unless required by the Fair Labor Standards Act. The weekend shall be defined as all hours between 11:00 p.m. Friday and 11:00 p. m. Sunday.

  • Vacation Earnings for Partial Years (a) (1) During the first partial year of service a new employee will earn vacation at the rate of one and one-quarter (1¼) days for each month for which he/she earns ten (10) days' pay.

  • Longevity Stipend One (1) Renton Technical College longevity stipend in the amount of six hundred dollars ($600) will be paid annually in July to each qualifying employee who has ten (10) or more year’s seniority on July 5th.

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