Common use of RATES DEFINED Clause in Contracts

RATES DEFINED. 1. For employees working a 40-hour workweek, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2,080. For employees working an average 56-hour workweek, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2912.

Appears in 5 contracts

Samples: Safety Employees, Safety Employees, Safety Employees

AutoNDA by SimpleDocs

RATES DEFINED. 1. For employees working a 40-40 hour workweek, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2,080. For employees working an average 56-56 hour workweekwork week, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2912.

Appears in 2 contracts

Samples: Sideletters of Agreement, Grievance Procedure

RATES DEFINED. 1. For employees working a 40-40 hour workweek, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2,080. For employees working an average 56-56 hour workweek, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2912.

Appears in 1 contract

Samples: Public Employees

AutoNDA by SimpleDocs

RATES DEFINED. 1. For employees working a 40-hour workweek, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2,080. For employees working an average 56-hour workweekwork week, the hourly rate shall be the monthly base salary multiplied by 12 and divided by 2912.

Appears in 1 contract

Samples: www.acgov.org

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!