Benchmark Position definition

Benchmark Position a position jointly selected by the Company and the Union to serve as a standard to which other positions will be compared.
Benchmark Position means the Position within a Commodity Group into which all other Positions within the same Commodity Group can be converted using price volatility and correlation based conversion factors. Such conversion factors shall be established and authorized by the Enron Corp. Chief Risk Officer, in conjunction with the President of Enron Corp.
Benchmark Position means a description of duties or a job approved as representative of a kind and level of work;

Examples of Benchmark Position in a sentence

  • Labor-Management RelationsIf there is a bargaining unit at your park, be mindful of management’s obligation to inform the union before implementing this policy for using Benchmark Position Descriptions and the defined career ladder for professional resources management positions.

  • However, Attachment 2: Amendment to Benchmark Position Description--Other Duties, may be used, as needed, for inclusion of other duties that you consider important enough to be documented in the employee's PD.

  • Printing OperationsB.M.P.D. No.3 Bench-mark Position Number: 3 Level: 2 Descriptive Title: Supervisor, Bindery, Statistics Canada Plant SummaryReporting to the Chief, Statistics Canada Printing Plant, plans and coordinates the light and heavy bindery activities of the Plant; supervises employees engaged in bindery operations and performs other duties.

  • Mike Armstrong asked how the FAA intends to implement these recommendations over the next three years.

  • Printing OperationsB.M.P.D. No. 5 Bench-mark Position Number: 5 Level: 3Descriptive Title: Chief, Pearson Duplicating Centre Summary Reporting to the Complex Manager, manages the duplicating and photocopying operations of the Pearson Duplicating Centre; administers the allocated human, financial and material resources; provides technical advice to customers; performs other duties.

  • Benchmark Position Retroactive Percentage Building Maintenance Worker II 13% Electrician 8% Equipment Mechanic II 12% Public Works Maintenance Worker II 14% Wastewater Treatment Plant Lead Operator 18% This retroactive amount would have an effective date of June 20, 2005 and would go through May 21, 2006.

  • There are five (5) levels in this plan and the level of a position is determined through the application of the Senior Supervisory Position Rating Grid and by reference to the Bench-mark Position Descriptions.Notes to Raters The complexity of a printing environment is determined by considering such criteria as the technical complexity in a specialty, multi-trade operations, diversity of locations, shift operations, production planning responsibilities spanning a number of sub-groups or trades, etc.

  • Benchmark Position evaluationIf a Position is submitted after benchmarking, then the Position Analyst will evaluate the Position and review and verify the benchmark.

  • Printing OperationsB.M.P.D. No. 9 Bench-mark Position Number: 9 Level: 5 Descriptive Title: Manager, Portage Complex SummaryReporting to the Deputy Director, Outside Plants, manages the operations of the Portage Complex; controls the human, financial, material and capital equipment resources of the Complex; implements departmental contracting-out commitments; provides customer liaison services; performs other duties.

  • Bench-mark Position Number: 7 Level: 3 Descriptive Title: Chief, Production Planning, Statistics Canada Plant SummaryReporting to the Complex Manager, manages the production planning operations of the Statistics Canada Printing Plant; controls the allocated human, financial and material resources; administers the contracting activities; performs other duties.


More Definitions of Benchmark Position

Benchmark Position means a position included in the cross section of comparable benchmark positions in private and public employment included in a market survey conducted in accordance with Subsection 67-19-12(4).
Benchmark Position means the Position within a Commodity Group into which all other Positions within the same Commodity Group can be converted using price volatility and correlation based conversion factors. Such conversion factors shall be established and authorized by the MEH Chief Risk Officer, in conjunction with the General Manager of MEH.

Related to Benchmark Position

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Matched Positions for CFD trading shall mean Long and Short Positions of the same Transaction Size opened on the Client Account for the same CFD.

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Covered position means a position in which the employee must be a member of the retirement

  • Shielded position means the location within the radiographic exposure device or storage container which, by manufacturer's design, is the proper location for storage of the sealed source.

  • Equivalent position means an employment position that:

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Benchmark Review means a review of the Services carried out in accordance with paragraphs 2.1 to 2.3 of Schedule 7 (Value for Money) of this Framework Agreement to determine whether those Services represent Good Value;

  • Regular Position means an individual Nurse’s job defined as a percentage of full-time hours as set out in the appointment letter referred to in Article 15.

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.12(d)(iii)(A).

  • Call Equivalent Position shall have the meaning set forth in Rule 16a-1(b) under the Exchange Act.

  • Put Equivalent Position shall have the meaning set forth in Rule 16a-1(h) under the Exchange Act.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Interpolated Benchmark with respect to the Benchmark means the rate determined for the Corresponding Tenor by interpolating on a linear basis between: (1) the Benchmark for the longest period (for which the Benchmark is available) that is shorter than the Corresponding Tenor and (2) the Benchmark for the shortest period (for which the Benchmark is available) that is longer than the Corresponding Tenor.

  • Comparable Position means a position where:

  • Eligible position or "full-time job" means a full-time position

  • Qualifying position means one or more jobs with one or more participating public em-

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Competitive Position means any employment with a Competitor in which Executive will use or is likely to use any Confidential Information or Trade Secrets, or in which Executive has duties for such Competitor that relate to Competitive Services and that are the same or similar to those services actually performed by Executive for the Company;

  • Permanent Position Any position which has required, or which will require the services of an incumbent without interruption, for an indefinite period.

  • Benchmark Transition Start Date means, in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

  • Former position means the position held by a female or male employee immediately before proceeding on leave or part-time employment under this part whichever first occurs or, if such position no longer exists but there are other positions available for which the employee is qualified and the duties of which he or she is capable of performing, a position as nearly comparable in status and pay to that of the position first mentioned in this definition.