Start Rates Sample Clauses

Start Rates. The starting rate for new employees (except Drivers) will be as follows: ▪ $10.00 per hour for the first six (6) months employment or 1040 hours worked, whichever comes first ▪ Upon the completion six (6) months employment or 1040 hours worked, whichever comes first, the rate will be increased to 85% of the rate of the job that the employee is performing. ▪ Upon the completion of twelve (12) months employment or 2080 hours worked, whichever comes first, the rate will be increased to 90% of the rate of the job that the employee is performing. ▪ Upon the completion eighteen (18) months employment or 3120 hours worked, whichever comes first, the rate will be increased to 95% of the rate of the job that the employee is performing. ▪ Upon the completion of twenty-four (24) months employment or 4160 hours worked, whichever comes first, the rate will be increase to 100% of the rate of the job that the employee is performing. The starting rate for new employees hired as Drivers will be 90% of the rate of the job that the employee is performing for the first twelve (12) months of employment or 2080 hours worked, whichever is greater. Upon the completion of the greater of twelve (12) months of employment or 2080 hours worked, the rate will be increased to 95% of the rate of the job that the employee is performing. Upon the completion of the greater of twenty-four (24) months of employment or 4160 hours worked, the rate will be increased to 100% of the rate of the job that the employee is performing.
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Start Rates. Above-Scale Employees: Any employee who is currently being paid more than the wage rate on the wage scale associated with their level/classification, shall remain at their current rate of pay until the wage rate on the wage scale which applies to them is greater than their current rate, at which time they shall be moved to the applicable wage rate on the wage scale for their level/classification. Any employee who continues to remain above scale for more than two consecutive years, for example for 2021 and 2022, will continue to receive an adjustment to their wage rate of 25 cents per hour in 2023 and each subsequent year during the term of this agreement until they are able to be placed on the applicable wage rate for their level/classification. Lead Hand Premium - $1.00 over the rate of the employee’s job/level rate (premiums do not count for overtime calculations) excluding grandfathered lead hands. Lead hands are not eligible for the training premium when they are assigned to train other employees.
Start Rates. All new employees shall be paid a start rate equal to the greater of: (1) $10.50 per hour; (2) $3.00 per hour less than the job classification into which they have been hired. Employees will progress to the wage rate of their job classification over a two (2) year period. Increases will be made every six (6) months in an equal amount. Progression to the job classification rate is to be earned at work. Absence from work due to layoff, leave of absence or absences due to sickness or accident totalling more than two hundred and forty (240) hours will not count as time worked for purposes of wage progression.
Start Rates. The Company, may in its sole discretion, increase start rates of the non-tipped bargaining unit employees during the term of the final agreement. Start rates are outlined in schedule A of the agreement. If the start rate is increased above the wage rate of any current Cast Member in the same classification, the current Cast Member’s rate would be automatically adjusted to at least the new minimum rate.
Start Rates. The Employer and the Union agree that all employees hired after May 1, 2008, shall start at the appropriate start rate for their Area as provided in Appendix G, Geographical Areas and shall receive the scheduled wage increases for that Area for a period of twelve (12) months from their date of hire, at which time their wage rate will be brought up to the appropriate Area minimum hourly wage rate for their classification, to the extent that such minimum hourly wage may exceed the start rate.
Start Rates. All new employees shall be paid a start rate equal to the greater of: (1) $13.50 per hour or the applicable Start Rate set out in the wage schedule; (2) $3.00 per hour less than the job classification into which they have been hired.

Related to Start Rates

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

  • Special Rates Transfer, Traveling and Working Away From Usual Place of Work

  • Overhead Rates The Engineer shall use the provisional overhead rate indicated in Attachment E. If a periodic escalation of the provisional overhead rate is specified in Attachment E, the effective date of the revised provisional overhead rate must be included. For lump sum contracts, the overhead rate remains unchanged for the entire contract period.

  • Wage Rates Contractor shall post a copy of the wage rates at the job site and shall pay the adopted prevailing wage rates as a minimum. Pursuant to the provisions of Section 1773 of the Labor Code of the State of California, the Board of Supervisors has obtained the general prevailing rate of per diem wages and the general prevailing rate for holiday and overtime work in this locality for each craft, classification, or type of xxxxxxx needed to execute this Contract from the Director of the Department of Industrial Relations. These rates are on file with the Clerk of the Board of Supervisors. Copies may be obtained at cost at the office of County's OC Public Works/OC Facilities & Asset Management/A&E Project Management or visit the website of the Department of Industrial Relations, Prevailing Wage Unit at xxx.xxx.xx.xxx/XXXX/XXX. The Contractor shall comply with the provisions of Sections 1774, 1775, 1776 and 1813 of the Labor Code.

  • Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

  • Penal Rates (a) Weekend rate - applies to ordinary time (other than overtime) worked after midnight Friday/Saturday until midnight Sunday/Monday shall be paid at time one half (T0.5) in addition to the ordinary hourly rate of pay. (b) Public Holiday rate – applies to those hours which are worked on the public holiday. This shall be paid at time one (T1) in addition to the ordinary hourly rate of pay. (See clause 12.4-12.8 for further clarification.) (c) Night rate – applies to ordinary hours of duty (other than overtime) that fall between 2000hrs and until the completion of a rostered night duty from midnight Sunday/Monday to midnight Friday/Saturday and shall be paid at quarter time (T0.25) in addition to the ordinary hourly rate of pay. (d) Overtime and weekend/public holiday or night rates shall not be paid in respect of the same hours, the higher rate will apply.

  • WAGE RATES AND CLASSIFICATIONS Classifications and the hourly wage rates applicable thereto are contained in the Appendices attached to and forming part of this Agreement.

  • Pay Rates Unit members must have been on an active status for a minimum of six

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

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