Full Daily Rate Clause Samples
The Full Daily Rate clause establishes the amount payable for each full day of service or work provided under a contract. Typically, this rate is used to calculate compensation for consultants, contractors, or service providers when their work is measured in daily increments, regardless of the number of hours worked within that day. By clearly defining the daily payment amount, this clause ensures transparency in billing and helps prevent disputes over compensation for days worked.
Full Daily Rate. 5.1.2.1. Effective until June 9, 2022, the substitute teachers’ daily rates of pay will be $200 plus six percent (6%) vacation pay of $12 for a total of $212.
5.1.2.2. Effective June 10, 2022 (0.50 % Increase), the substitute teachers’ daily rates of pay will be $201.00 plus six percent (6%) vacation pay of $12.06 for a total of $213.06.
5.1.2.3. Effective September 1, 2022 (1.25% Increase), the substitute teachers’ daily rates of pay will be $215.73 plus two percent (2%) in lieu of benefits $4.31 for a total of 220.04.
5.1.2.4. Effective September 1, 2023 (2.00 % Increase), the substitute teachers’ daily rates of pay will be $220.04 plus two percent (2%) in lieu of benefits $4.40 for a total of $224.44.
Full Daily Rate. 5.1.3.1. Effective until June 9, 2022, the substitute teachers’ daily rates of pay will be two hundred dollars ($200.00) plus six per cent (6%) vacation pay of twelve dollars ($12.00) for a total of two hundred and twelve dollars ($212.00).
5.1.3.2. Effective June 10, 2022 (zero point five per cent (0.50%) increase), the substitute teachers’ daily rate of pay will be two hundred and one dollars ($201.00) plus six per cent (6%) vacation pay of twelve dollars and six cents ($12.06) for a total of two hundred thirteen dollars and six cents ($213.06).
5.1.3.3. Effective September 1, 2022, (one point two-five per cent (1.25%) increase), the substitute teachers’ daily rate of pay will be two hundred fifteen dollars and seventy-two cents ($215.72) plus two per cent (2%) in lieu of benefits, four dollars and thirty-one cents ($4.31) for a total of two hundred and twenty dollars and four cents ($220.04).
5.1.3.4. Effective September 1, 2023 (two per cent (2.00%) increase), the substitute teachers’ daily rate of pay will be two hundred twenty dollars and four cents ($220.04) plus two per cent (2%) in lieu of benefits, four dollars and forty cents ($4.40) for a total of two hundred and twenty-four dollars and forty-four cents ($224.44).
Full Daily Rate. 5.1.1.1.1. Effective until June 9, 2022, the substitute teachers’ daily rates of pay for the first and second day of an assignment will be $210.38 plus six per cent (6%) vacation pay of $12.62 for a total of $223.00.
5.1.1.1.2. Effective June 10, 2022, the substitute teachers’ daily rates of pay for the first and second day of an assignment will be $211.43 plus six per cent (6%) vacation pay of $12.68 for a total of $224.12.
5.1.1.1.3. Effective September 1, 2022 (1.25% Increase), the substitute teachers’ daily rates of pay for the first and second day of an assignment will be $226.92 plus two per cent (2%) in lieu of benefits $4.54 for a total of $231.46.
5.1.1.1.4. Effective September 1, 2023 (2.00% Increase), the substitute teachers’ daily rates of pay for the first and second day of an assignment will be $231.45 plus two per cent (2%) in lieu of benefits $4.64 for a total of $236.09.