All Inclusive Hourly Rate definition

All Inclusive Hourly Rate means the recognition of and compensation for the following relevant Award provisions, such as:- • ordinary rate of pay • overtime penalties (hours in excess of 38 hours per week) • weekend penalties (working a Saturday or a Sunday) • public holiday penalties (all public holidays that are not designated public holidays) • Annual Leave Loading (17.5%) • meal allowances • miscellaneous allowances (as stated in sub-clause 2.14.1(f)); and • any other penalty rates as prescribed that would normally be incurred over a twelve (12) month period. No additional payments shall be made in recognition of the aforementioned provisions.
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All Inclusive Hourly Rate means the hourly rate provided to the Employee in recognition and compensation for the following provisions: • ordinary rate of pay • overtime penalties (for hours worked between 38 and 40 hours per week or 8 hours per day) • weekend penalties (Saturdays and Sundays) • meal allowances • any allowances (as defined in any relevant Award identified as a Protected matter) • any other penalty rates as prescribed that would normally be incurred over a twelve (12) month period. No additional payments shall be made in recognition of the aforementioned provisions. .
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All Inclusive Hourly Rate means the recognition of and compensation for the following relevant Award provisions, such as:- • ordinary rate of pay • overtime penalties (hours in excess of 38 hours per week) • weekend penalties (working a Saturday or a Sunday) • public holiday penalties (all public holidays that are not designated public holidays) • Annual Leave Loading (17.5%) • meal allowances • miscellaneous allowances, including allowances as stated in clause 2.13, split shift allowance and penalty for working through a meal break; and • any other penalty rates as prescribed that would normally be incurred over a twelve (12) month period. No additional payments shall be made in recognition of the aforementioned provisions.
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Examples of All Inclusive Hourly Rate in a sentence

  • Such employees shall be entitled to four (4) weeks annual leave (meaning twenty (20) working days or five (5) roster periods of a four (4) on two (2) off roster) paid at the All Inclusive Hourly rate as contained in this Agreement at the employees standard grade and level classification.

  • By mutual agreement between the Employee and the Employer, Employees may work up to twelve (12) consecutive days, on the condition that the consecutive days fit within the roster cycle and such days worked shall be Employee Requested Additional Days and paid at the relevant normal All Inclusive Hourly rate.

  • The All Inclusive Hourly rate for a Casual Employee shall in accordance with Clause 3.3.2. The Employer will provide to each Employee a quarterly summary of hours worked to enable monitoring of guaranteed annual hours.


More Definitions of All Inclusive Hourly Rate

All Inclusive Hourly Rate means payment for recognition of the following relevant Award (NAPSA) provisions:- • ordinary rate of pay; • overtime penalties (Clause 2.13.1(g)); • weekend penalties (clause 2.13.1(f) & (h); • public holiday penalties (excepting casual Employees) (clause 2.13.1(d)); • annual leave loading (clause 2.13.1(f)); • meal allowances (clause 2.13.1(f)); • miscellaneous allowances (clause 2.13.1(f)); and • any other penalty rates (clause 2.13.1), as prescribed that would normally be incurred over the period of employment. No additional payments shall be made in recognition of the aforementioned provisions.
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All Inclusive Hourly Rate means for hourly rates, the recognition of and compensation for (payment of) any “Protected Award Condition/s” or penalty/ies or allowance/s as excluded in clause 2.14.
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All Inclusive Hourly Rate means the recognition of and compensation (payment) for, the following relevant Award/s provision/s, such as:- • ordinary rate of pay; • overtime penalties (as defined in the Building Construction Industry Award clause 6.3 and the Clerical Employees Award – State 2002 clause 6.7); • weekend penalties (as defined in the Building Construction Industry Award clause 6.5 and the Clerical Employees Award – State 2002 clause 6.1 and 6.7); • annual leave loading (17.5% of annual leave payment) • public holiday penalties (all public holidays that are gazetted); • meal allowances; • miscellaneous allowances (as described in clause 2.10 of this Agreement for the Building Construction Industry Award and the Clerical Employees Award); • shift work (as defined in the Building Construction Industry Award 6.4 and the Clerical Employees Award – State 2002 clause 6.8); and • any other penalty rates as prescribed that would normally be incurred over a twelve (12) month period. No additional payments shall be made in recognition of the aforementioned provisions.
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Related to All Inclusive Hourly Rate

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed fiscal quarter as determined by Administrative Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including September 30, 2017, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.375% II < 50% ofthe Maximum Revolver Amount 0.50% The Applicable Unused Line Fee Percentage shall be re-determined on the first day of each fiscal quarter by Administrative Agent.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one point five percent (1.50%) per annum (0.375% per quarter) of the Company’s Stockholders’ Equity.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Subrecipient Parent DUNS Number means the subrecipient parent organization’s 9-digit Data Universal Numbering System (DUNS) number that appears in the subrecipient’s System for Award Management (SAM) profile, if applicable.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.