Common use of Calculation of Hourly Rates Clause in Contracts

Calculation of Hourly Rates. Hourly rates of pay are calculated from the bi-weekly salaries as shown in Schedule "A", attached hereto, by applying the following formula: Bi-weekly salary 80 hours per pay period (The result of the above calculation is rounded to three decimal places).

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Calculation of Hourly Rates. Hourly rates of pay are calculated from the bi-weekly bi‐weekly salaries as shown in Schedule "A", attached hereto, by applying the following formula: Bi-weekly Bi‐weekly salary 80 hours per pay period (The result of the above calculation is rounded to three decimal places).

Appears in 1 contract

Samples: Collective Agreement

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