Common use of Rates of Pay Calculations Clause in Contracts

Rates of Pay Calculations. The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate 26.0893 = bi-weekly rate Monthly Rate x 12 months 26.0893 = bi-weekly rate Bi-weekly Rate 70 = hourly rate The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Rate x 26.0893 12

Appears in 6 contracts

Samples: Time Employees, Employees and Auxiliary Employees, Professional Employees

AutoNDA by SimpleDocs

Rates of Pay Calculations. The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate 26.0893 = bi-weekly rate 26.0893 Monthly Rate x 12 months 26.0893 = bi-weekly rate 26.0893 Bi-weekly Rate 70 = hourly rate 70 The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Rate x 26.0893 12

Appears in 4 contracts

Samples: pea.org, www.bcbargaining.ca, pea.org

Rates of Pay Calculations. The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate 26.0893 = bi-weekly rate Monthly Rate x 12 months 26.0893 Bi-weekly Rate 70 = bi-weekly rate Bi= bi-weekly Rate 70 rate = hourly rate The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Rate x 26.0893 12

Appears in 2 contracts

Samples: pea.org, pea.org

Rates of Pay Calculations. The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate 26.0893 = bi-weekly rate 26.0893 Monthly Rate x 12 months 26.0893 = bi-weekly rate 26.0893 Bi-weekly Rate 70 = hourly rate 70 The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Rate x 26.0893 12

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Rates of Pay Calculations. The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate = Bi-Weekly Rate 26.0893 = bi-weekly rate Monthly Rate x 12 months 26.0893 = bi-weekly rate Bi-weekly Weekly Rate 26.0893 Bi-Weekly Rate = Hourly Rate 70 = hourly rate The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Weekly Rate x 26.0893 12= Monthly Rate

Appears in 1 contract

Samples: Professional Employees

AutoNDA by SimpleDocs

Rates of Pay Calculations. The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate 26.0893 = bi-weekly rate 26.0893 Monthly Rate x 12 months 26.0893 = bi-weekly rate 26.0893 Bi-weekly Rate 70 = hourly rate 70 The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Rate x 26.0893 1226.0893

Appears in 1 contract

Samples: www2.gov.bc.ca

Rates of Pay Calculations. 26.0893 The formula for arriving at monthly, bi-weekly, daily, or hourly rates, allowances or premiums is as follows: Annual Rate 26.0893 = biBi-weekly rate Weekly Rate Monthly Rate x 12 months 26.0893 = bi-weekly rate Bi-weekly Weekly Rate 26.0893 70 Bi-Weekly Rate = hourly rate Hourly Rate The daily rate shall be determined by multiplying the number of regular scheduled hours in the employee's day shift by the hourly rate. For the purposes of converting a bi-weekly rate to a monthly rate, the formula will be as follows: Bi-weekly Weekly Rate x 26.0893 12= Monthly Rate

Appears in 1 contract

Samples: Collective Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.