All Purpose Rate definition

All Purpose Rate means the rate provided at Appendix A of this Agreement, plus any applicable all-purpose allowance as prescribed within this Agreement for ordinary hours.
All Purpose Rate means the rate of pay used to calculate one week’s normal pay. The all purpose rate excludes overtime; but includes penalty rates and shift premiums, and all allowances.
All Purpose Rate means the rate applicable for calculating overtime and public holiday rates, which for a casual Employee includes the 25% casual loading. All purpose rate: Normal hourly rate, plus 25% Time and a half hourly rate: Normal hourly rate, plus 25% x (multiplied by) 1.5 Double time hourly rate: Normal hourly rate, plus 25% x (multiplied by) 2.0 Public holiday hourly rate: Hourly rate, plus 25% x (multiplied by) 2.5

Examples of All Purpose Rate in a sentence

  • It is the aim of this agreement to incorporate the Productivity Allowance into the Basic Periodic Rate of Pay (All Purpose Rate).

  • Any allowances not expressly provided for have been taken into account in determining the All Purpose Rate.

  • A Flat Allowance is an allowance that is paid as a separate stand-alone payment to the All- Purpose Rate.

  • Where an Employee works two (2) hours or more overtime after the ordinary ceasing time, a crib break of 30 minutes shall be allowed or paid as 30 minutes at double the Weekly All Purpose Rate.

  • Xxxxx’s Leave is paid at the relevant All Purpose Rate in Schedule 1.

  • Any time worked by a Locomotive Operating Employee in excess of eight per shift will be paid at 1.2 of the All Purpose Rate.

  • All time worked outside standard hours as defined in Clause 8 constitutes additional hours and is payable at the rate which would apply under the Award i.e. two times the Award All Purpose Rate for the classification.

  • For example, if the employee has an RDO on Easter Friday and they do not work the day they shall be entitled to 7.2 ordinary hours pay at their Weekly All Purpose Rate.

  • Such a payment would be made on the basis of the Employee’s ordinary wage (i.e. 38 ordinary hours at the relevant All Purpose Rate in Schedule 1) at the time of receiving the payment.

  • This is then the basis for calculating overtime, shift loadings and casual rates, as well as being the rate to be used for all approved paid leave i.e., they are included for “all purposes.” All-Purpose Rate of Pay or All- Purpose Rate The minimum hourly wage rates payable to Employees for working Ordinary Hours plus any All-Purpose Allowances.


More Definitions of All Purpose Rate

All Purpose Rate means the rate defined in Part 7 of this Agreement applicable to
All Purpose Rate has the meaning given in the award; “award” means the Gladstone Power Station Award—State; “company” means NRG Gladstone Operating Services Pty Ltd; “date of transfer” has the meaning given in the State agreement;
All Purpose Rate means an hourly rate of $17.00 per hour which shall be inclusive of any casual loading and shall be paid for all hours worked.
All Purpose Rate means rate of pay for all hours worked with all-purpose allowances included e.g. Leading Hand Allowance and First Aid Allowance (where applicable).
All Purpose Rate means the rate applicable for calculating overtime and public holiday rates, which for a casual Employee includes the 25% casual loading. Example of calculation for a casual Employee: • All purpose rate: Normal hourly rate, plus 25% • Time and a half hourly rate: Normal hourly rate, plus 25% x (multiplied by) 1.5 • Double time hourly rate: Normal hourly rate, plus 25% x (multiplied by) 2.0 • Public holiday hourly rate: Hourly rate, plus 25% x (multiplied by) 2.5 The casual loading is paid in lieu of any entitlement to annual leave and public holidays. A casual employee has no entitlement to paid personal (sick)/xxxxx's leave or compassionate leave, however, a casual employee is entitled to up to two days per occasion to unpaid carer's leave.
All Purpose Rate means the rate defined in Part 7 of this Agreement applicable to Professional Locomotive Operating Grade Employees, as per the particular Employee’s classification.

Related to All Purpose Rate

  • Successor Reference Rate means the rate that the relevant Independent Adviser determines is a successor to or replacement of the Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Reset Reference Rate means, in relation to a Reset Determination Date and subject to Condition 5(b)(iii) and Condition 5(c)(v), if applicable:

  • Applicable Reference Rate means, collectively or individually, Term SOFR, Daily Compounded XXXXX, XXXXX or the EURIBOR Rate.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • 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

  • Reference Rate means the rate specified as such hereon.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Highest Lawful Rate means, with respect to each Lender, the maximum nonusurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged or received on the Notes or on other Indebtedness under laws applicable to such Lender which are presently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate than applicable laws allow as of the date hereof.

  • Offshore Rate means, for any Interest Period, with respect to Offshore Rate Loans comprising part of the same Borrowing, the rate of interest per annum (rounded upward to the next 1/16th of 1%) determined by the Agent as follows: Offshore Rate = LIBOR ------------------------------------ 1.00 - Eurodollar Reserve Percentage Where,

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • Mid-Swap Rate means, in relation to a Reset Determination Date and subject to Condition 3(b)(ii), either:

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.