Industrial Rate Sample Clauses

Industrial Rate. For Industrial work performed by employees under this Craft Schedule “S”, the regular hourly rates of pay for each classification of worker shall be as set out below. SHEETER/XXXXXX JOURNEYPERSON WAGE RATES Effective Date Hourly Rate V & H (9%) Pension Benefit IIF & Admin Fund Training Fund Stab. Fund Total Package May 1, 2021 $39.08 $3.52 $7.66 $2.50 $0.64 $0.30 $1.50 $55.20 May 1, 2022 $39.54 $3.56 $7.76 $2.50 $0.64 $0.30 $1.50 $55.80 May 1, 2023 $40.17 $3.61 $7.88 $2.50 $0.64 $0.30 $1.50 $56.60 May 1, 2024 $40.83 $3.67 $8.01 $2.50 $0.64 $0.30 $1.50 $57.45 May 1, 2025 $41.49 $3.73 $8.14 $2.50 $0.64 $0.30 $1.50 $58.30 SHEETER/XXXXXX ASSISTANT WAGE RATES Effective Date Hourly Rate V & H (9%) Pension Benefit IIF & Admin Fund Training Fund Stab. Fund Total Package May 1, 2021 $31.98 $2.88 $6.27 $2.50 $0.64 $0.30 $1.25 $45.82 May 1, 2022 $32.36 $2.91 $6.35 $2.50 $0.64 $0.30 $1.25 $46.31 May 1, 2023 $32.88 $2.96 $6.45 $2.50 $0.64 $0.30 $1.25 $46.98 May 1, 2024 $33.42 $3.01 $6.56 $2.50 $0.64 $0.30 $1.25 $47.68 May 1, 2025 $33.98 $3.06 $6.66 $2.50 $0.64 $0.30 $1.25 $48.39 MATERIAL HANDLER WAGE RATES Effective Date Hourly Rate V & H (9% ) Pension Benefit IIF & Admin Fund Training Fund Stab. Fund. Total Package May 1, 2021 $24.88 $2.24 $4.88 $2.50 $0.64 $0.30 $0.99 $36.43 May 1, 2022 $25.19 $2.27 $4.94 $2.50 $0.64 $0.30 $0.99 $36.83 May 1, 2023 $25.60 $2.30 $5.03 $2.50 $0.64 $0.30 $0.99 $37.36 May 1, 2024 $26.04 $2.34 $5.11 $2.50 $0.64 $0.30 $0.99 $37.92 May 1, 2025 $26.47 $2.38 $5.20 $2.50 $0.64 $0.30 $0.99 $38.48 PROBATIONARY EMPLOYEE WAGE RATES Effective Date Hourly Rate V & H (9%) Total Package May 1, 2021 $19.54 $1.76 $21.30 May 1, 2022 $19.77 $1.78 $21.55 May 1, 2023 $20.08 $1.81 $21.89 May 1, 2024 $20.41 $1.84 $22.25 May 1, 2025 $20.74 $1.87 $22.61
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Industrial Rate m Effective the first full payroll period on or after June 1, 2022, there is a total package increase in the Journeyman rate of $2.75 per hour. Please see allocations shown below: 6/1/2022 *Base Rate $38.14 *Dues (deduct) overtime paid at appropriate rate (2.02) #Health & Welfare 9.43 **Pension 12.62 #Union Individual Account Retirement Fund 5.75 **Apprentice & Skill Improvement .65 **Ironworker Mgmt. Progressive Action Cooperative Trust (I.M.P.A.C.T.) .24 **Mandatory Journeyman Training .25 **UPCC – Labor .09 $67.17 UPCC – Management .09 CIAP 15 Total $67.41 *Subject to withholding taxes and FICA ** Pension; Xxxxxxxxxx & Skill Improvement; Mandatory Journeyman Training; U.P.C.C.; C.I.A.P.; and I.M.P.A.C.T. benefits paid on all hours worked. # Health & Welfare and Union Individual Account Retirement Fund benefits remitted on hours paid. m Effective the first full payroll period on or after June 1, 2023, there will be a total package increase in the Journeyman rate of $2.75/hr. The fringe allocation will be available at that time.
Industrial Rate. 24.1 Industrial Rate shall cover all work performed on sites of the following installations. This rate does not apply to Cement Finishing or Tile & Terrazzo. Power Plants Deep Sea Ports or Unloading Docks Pulp & Paper Xxxxx Heavy Water Plants Mining Operations Cement Plants Refineries (any type) Automatic Assembly Plants Bridges Shipyard or Dry Dock Facilities The Industrial rate shall be Seventy-five cents ($.75) per hour above the basic hourly rate. Effective August 1, 2008, the Industrial rate shall be One Dollar ($1.00) above the basic hourly rate.

Related to Industrial Rate

  • RENTAL RATE 4. The Lessee shall pay rent to the Lessor for the premises at the following rate: $ per month Payment shall be made at the end of each month upon submission of properly executed vouchers.

  • Rental Rates Schedules for (i) proposed rental rates on heavy construction equipment, and (ii) proposed wage rates of operating engineers. The Design-Builder firm shall certify that the proposal for rental rates and proposal for wage rates comply with the Contract Documents.

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