Hourly, Daily and Partial Sample Clauses

Hourly, Daily and Partial. Month Calculations The formula for paying a biweekly or hourly salary is as follows: Annual salary = biweekly salary
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Hourly, Daily and Partial. Month Calculations The formula for paying a biweekly or hourly salary is as follows: Annual salary = biweekly salary 26.0892857 Monthly salary x 12 months = biweekly salary 26.0892857 Biweekly salary = hourly rate 70 The daily rate shall be determined by multiplying the number of regularly scheduled hours in the Employee’s day shift by the hourly rate. For the purposes of converting a biweekly rate to a monthly rate, the formula will be as follows: Biweekly rate x 26.0892857 12
Hourly, Daily and Partial. Month Calculations‌ The formula for paying a biweekly or hourly salary is as follows: Annual Salary 26.0892857 = Biweekly Salary Monthly Salary x 12 months 26.0892857 Biweekly Salary 70 = Biweekly Salary = Hourly Rate The daily rate shall be determined by multiplying the number of regularly scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a biweekly rate to a monthly rate, the formula will be as follows: Biweekly Rate x 26.0892857 12 The formula for paying a partial salary to employees paid on a biweekly basis is: Salary = Hours worked plus paid holidays x biweekly salary Hrs scheduled plus paid holiday (paid holiday = 7 hrs) When an article in this Agreement has a reference to payments at the "end of the month following the month" in which an event occurs, payment will be "at the end of the second pay period following the pay period" in which the event occurs. A reference to payments on specified dates will mean payment on the closest pay period payday to the specified date.
Hourly, Daily and Partial. Month Calculations26.11 Hourly, Daily and Partial Month Calculations
Hourly, Daily and Partial. Bi-weekly Calculations The formula for paying a partial salary to employees paid on a bi-weekly basis is: Adjusted bi-weekly Salary = hours worked and paid holidays x bi-weekly salary hours scheduled and paid holidays (paid holiday = the weekly maxima defined in Clause 32.3 divided by five (5) days).
Hourly, Daily and Partial. Month Calculations

Related to Hourly, Daily and Partial

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