Daily Remunerative Rate. The daily remunerative rate is determined by dividing the annual salary by the number of working days (190 including paid holidays) in the employee’s classification. This rate is used for making salary deductions for absences for personal reasons or for absences after sick leave allowances have been exhausted. The hourly remuneration rate is determined by dividing the annual rate by 1,520 hours.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
