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Common use of MINUTE HOUR Clause in Contracts

MINUTE HOUR. SAH per piece = TSM --- 60 The Basic Rate of the Classification will be as stated herein. The BASIC PRODUCTION EXPECTANCY will be determined by dividing a SIXTY (60) MINUTE HOUR by the TIME PER PIECE at one hundred percent (100%) rating increased by a ten percent (10%) rest, fatigue, and delay allowance (effective 10/16/94, the RFD factor on new or revised standards shall be twelve and one-half percent (12.5%)). Basic Production Expectance = 60 MINUTE HOUR -------------- -28- 100% Time/Piece Allowance Plus 10% RFD Allowance (12.5% on new or revised standards after 10/16/94) Basic Production Expectance x SAH = Hours Earned Hours Earned x Base Rate = Rate per Hour Example of Incentive Earnings OPPORTUNITY OFFERED BY ABOVE FORMULA 1362 SAH = TSM OF 8.1738 ------------- 60 Minute Hour

Appears in 1 contract

Samples: Collective Bargaining Agreement (Simmons Co /Ga/)

MINUTE HOUR. SAH per piece = TSM --- 60 The Basic Rate of the Classification will be as stated herein. The BASIC PRODUCTION EXPECTANCY will be determined by dividing a SIXTY (60) MINUTE HOUR by the TIME PER PIECE at one hundred percent (100%) rating increased by a ten percent (10%) rest, fatigue, and delay allowance (effective 10/16/94, the RFD factor on new or revised standards shall be twelve and one-half percent (12.5%)). Basic Production Expectance = 60 MINUTE HOUR -------------- -28- 100% Time/Piece Allowance Plus 10% RFD Allowance (12.5% on new or revised standards after 10/16/94) Basic Production Expectance x SAH = Hours Earned Hours Earned x Base Rate = Rate per Hour Example of Incentive Earnings OPPORTUNITY OFFERED BY ABOVE FORMULA 1362 SAH = TSM OF 8.1738 ------------- 60 Minute HourFORMULA

Appears in 1 contract

Samples: Collective Bargaining Agreement (Simmons Co /Ga/)

MINUTE HOUR. SAH per piece = TSM --- 60 The Basic Rate of the Classification will be as stated herein. The BASIC PRODUCTION EXPECTANCY will be determined by dividing a SIXTY (60) MINUTE HOUR by the TIME PER PIECE at one hundred percent (100%) rating increased by a ten percent (10%) rest, fatigue, and delay allowance (effective 10/16/94, the RFD factor on new or revised standards shall be twelve and one-half percent (12.5%)). Basic Production Expectance = 60 MINUTE HOUR -------------- -28- 100% Time/Piece Allowance Plus 10% RFD Allowance (12.5% on new or revised standards after 10/16/94) Basic Production Expectance x SAH = Hours Earned Hours Earned x Base Rate = Rate per Hour Example of Incentive Earnings OPPORTUNITY OFFERED BY ABOVE FORMULA Opportunity Offered by Above Formula ------------------------------------ 1362 SAH = TSM OF 8.1738 ------------- 60 Minute Hour

Appears in 1 contract

Samples: Collective Bargaining Agreement (Simmons Co /Ga/)