Average Hourly Rate. For the purposes of leaves with pay, employees shall receive pay based on their posted position. In the case of employees whose hours fluctuate or who work at more than one pay grade, pay shall be based on an average hourly rate of two (2) previous pay periods calculated at the rates in effect when the time was taken off. Employees temporarily posted to a higher position for less than sixty (60) consecutive days shall receive pay on the regular posted position.
Average Hourly Rate. For the purpose of this article average hourly rate shall be calculated as the employee's straight time hourly earnings including applicable incentive earnings, but excluding shift differentials, premium pay, overtime earnings and holiday pay, during the previous four (4) closed and calculated pay periods worked by the employee.
Average Hourly Rate. (a) The average hourly rate based on a calculation one (1) month prior to the month of the occurrence is used for time for the Grievance Committee and President, holiday pay, jury and witness pay, funeral pay, Company convenience transfers, and calculation of vacation pay following extended illnesses and layoff due to temporary lack of work.
Average Hourly Rate. The average hourly rate is the basic hourly rate plus the average hourly premium. The average hourly premium is one-fortieth (1/40th) of the total premium earned as a production bonus or for change of schedule without advance notice, for night or Sunday work within the basic forty (40) hour work-week. These premiums (other than standby pay) are not payable on days of absence from work.
Average Hourly Rate equals the notional hourly rate as derived by dividing the Average Annual Wage by the Base Worked Hours per annum.
