Common use of Hourly Rate of Compensation Clause in Contracts

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.

Appears in 12 contracts

Samples: www.montgomerycountymd.gov, www.montgomerycountymd.gov, www.montgomerycountymd.gov

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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.,

Appears in 1 contract

Samples: Collective Bargaining Agreement

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