Common use of Calculation of Per Clause in Contracts

Calculation of Per. Hour Rate 1. Multiply the contractual minimum full-time equivalent salary rate for the term in which the substitution takes place by three. 2. Divide that product by 2,080 hours. 3. The result is the per-hour rate. Work performed to cover such responsibilities that is compensated at this rate will not count towards calculating the employment fraction.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!