Hourly Rate of Compensation Sample Clauses

Hourly Rate of Compensation. The hourly rate of compensation to be used in compensation calculations for a particular pay period shall be based on the total number of hours the employee is scheduled to work, as referenced in Article 23, per year at the time divided into the employee's annual base salary.
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Hourly Rate of Compensation. The compensation for employees paid on an hourly basis shall be fifteen ($15.00) per hour. Payment will only be for hours that have been preapproved by the Superintendent and the Treasurer and will include but not be limited to required Dual Credit/College Credit Plus meetings held after school hours and those working with students on Home Instruction.
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Hourly Rate of Compensation. An Employee's hourly rate of compensation will apply to all work up to forty (40) hours in a weekly period. The hourly rate of compensation will not include any weekend, shift or holiday differential or other premium to which the employee is otherwise entitled.
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Related to Hourly Rate of Compensation

  • Compensation for Holidays Worked Employees who are required to work on a holiday, shall be compensated at time- and-one-half times the employee's base hourly rate for each hour worked on the holiday up to a maximum of eight and one-half (8½) hours or one-tenth (1/10th) the number of regularly scheduled hours in the employee's standard work period, whichever is less. Time worked in excess of eight and one-half (8½) hours on a holiday shall be compensated in accordance with Article 5, Section 2, Overtime.

  • Holiday Compensation 1. Those employees working a five-day per week schedule with Saturdays and Sundays as normal days off shall receive cash payment for eight (8) hours per holiday subject to the conditions of this article.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

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