Hiring Rates definition

Hiring Rates. The wage rates of all new employees hired on or after October 1, 2017 shall be in accordance with the wage scale based on years of experience in the given job classification or other relevant experience. Minimum Wage July Adjustments: Beginning on July 1, 2018 and continuing every subsequent July 1st of the contract, any classification and step within that classification that would fall below the new regional minimum wage plus an additional two percent (2%) shall be increased as follows: Step 0 of any applicable classifications shall be increased to equal the regional minimum wage plus an additional two percent (2%). The remaining steps shall then be adjusted upwards to maintain the thirty-five cent ($0.35) distance between steps. All workers in the classification shall have their wage increased so as to remain on an actual step. This section shall be funded out of the two cents ($0.02) designated for minimum wage from the 2017 cumulative economic package and shall not be funded by the following year’s cumulative economic package. Employees Hired in above the Wage Scale: Any Employee hired who has more than eleven (11) years of applicable experience will be placed at a minimum on the top step of the wage scale.

Examples of Hiring Rates in a sentence

  • Hiring Rates have been calculated based on the WCL FD’s approved hiring rates updated to prevailing Diesel Price of Rs 52.88 per litre (Feb-2015).

  • Year-wise Hiring Rates & Costs have been calculated and details of the same are as follows : YEARWISE RATES & COSTS FOR HIRING OF OB YR The above rates exclude service tax of 12.36% as per recent Cenvat Credit Rules intimated by WCL HQ copy of which is enclosed as Annexure-VI.

  • These hyperlinks provide highlights: Impact of 2020 EventsSummary of Workforce by Job Group; Summary by Tenure Status Summary of Underutilization and GoalsAction-Oriented Programs for Females and Minorities Hiring Rates, Individuals with Disabilities and VeteransPlanned Outreach for Individuals with Disabilities and Veterans This Plan is available for public review as described on the title page.

  • Figure 6: Hiring Rates, by Rank For the net employment change series the mean of rank 1 is 7.3 percent and of rank 20 is -12.3 percent (Figure 5).

  • Brief:Approving the amendments to the Classified Pay Plan (Fire) Hiring Rates: 911 Liaison Officer, 911 Liaison Supervisor as adopted by the Civil Service Commission at its meeting on December 13, 2021, in accordance with Article X, Section 10 of the Constitution of Louisiana, to be effective January 2, 2022.

  • Compensation 3 (a) Compensation Plan 3 (b) Hiring Rates 3 (c) Individual Salary Adjustment 3 (d) Change of Position 4 (e) Bonuses 4 Rule 5.

  • Above Minimum Hiring Rates – GS Agencies may set the pay of individuals newly appointed to General Schedule positions at a step above the first step of their grade based on the employee’s superior qualifications or a special need of the agency for the employee’s services.

  • All employees must be hired at the hiring rate of the salary grade for their class, except in the following cases: 001.01 Increased Hiring Rates.

  • A copy of the Task Force's "Imperial Valley Resources" list is included as Attachment 4.

  • Approving the Amendments to the Classified Pay Plan (Health), Health Project and Planning Hiring Rates: (Analyst, Senior Analyst, Specialist, Manager, Administrator, Worker and Senior Worker, as adopted by the Civil Service Commission at its meeting of June 21, 2021, in accordance with Article X, Section 10 of the Constitution of Louisiana, to be effective on June 27, 2021.

Related to Hiring Rates

  • Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Ceiling Rate means, with respect to any Calculation Period, the rate set forth as the “Ceiling Rate” on the attached Schedule I.

  • Base LIBOR means the rate per annum for United States dollar deposits quoted by Bank as the Inter-Bank Market Offered Rate, with the understanding that such rate is quoted by Bank for the purpose of calculating effective rates of interest for loans making reference thereto, on the first day of a Fixed Rate Term for delivery of funds on said date for a period of time approximately equal to the number of days in such Fixed Rate Term and in an amount approximately equal to the principal amount to which such Fixed Rate Term applies. Borrower understands and agrees that Bank may base its quotation of the Inter-Bank Market Offered Rate upon such offers or other market indicators of the Inter-Bank Market as Bank in its discretion deems appropriate including, but not limited to, the rate offered for U.S. dollar deposits on the London Inter-Bank Market.

  • Base LIBOR Rate means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if necessary, to the next 1/16%), on the basis of the rates at which Dollar deposits are offered to major banks in the London interbank market on or about 11:00 a.m. (California time) 2 Business Days prior to the commencement of the applicable Interest Period, for a term and in amounts comparable to the Interest Period and amount of the LIBOR Rate Loan requested by Administrative Borrower in accordance with this Agreement, which determination shall be conclusive in the absence of manifest error.

  • Scheduled Commitment Termination Date means July 2, 2024.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Terminating Tranche has the meaning set forth in Section 4.3(b).

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to sub-paragraph (ii) of paragraph (a) of Clause 10.3 (Cost of funds).

  • Existing Commitment Termination Date as defined in Section 2.12(a).

  • Advance Rates shall have the meaning set forth in Section 2.1(a) hereof.

  • Incremental value means a figure derived by multiplying the marginal value of the property located within a project area on which tax increment is collected by a number that represents the adjusted tax increment from that project area that is paid to the agency.

  • Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

  • Revolving Commitment Termination Date means the earliest to occur of (i) the Maturity Date, (ii) the date the Revolving Commitments are permanently reduced to zero pursuant to Section 2.11 or 2.12, and (iii) the date of the termination of the Revolving Commitments pursuant to Section 9.01.

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Prime Lending Rate means the rate which the Administrative Agent announces from time to time as its prime lending rate, the Prime Lending Rate to change when and as such prime lending rate changes. The Prime Lending Rate is a reference rate and does not necessarily represent the lowest or best rate actually charged to any customer by the Administrative Agent, which may make commercial loans or other loans at rates of interest at, above or below the Prime Lending Rate.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following: (1) for any day, the per annum rate of interest determined on the basis of the rate for deposits in United States Dollars for a period equal to one (1) month appearing on Page BBAM of the Bloomberg Financial Markets Information Service as of 8:00 a.m. (California time) (or as soon thereafter as practical) on such day, or if such day is not a Business Day, on the immediately preceding Business Day. In the event that such rate does not appear on Page BBAM of the Bloomberg Financial Markets Information Service (or otherwise on such Service) on any day, the “Daily Adjusting LIBOR Rate” for such day shall be determined by reference to such other publicly available service for displaying eurodollar rates as may be reasonably selected by Bank, or in the absence of such other service, the “Daily Adjusting LIBOR Rate” for such day shall, instead, be determined based upon the average of the rates at which Bank is offered dollar deposits at or about 8:00 a.m. (California time) (or as soon thereafter as practical), on such day, or if such day is not a Business Day, on the immediately preceding Business Day, in the interbank eurodollar market in an amount comparable to the outstanding principal amount of the Obligations and for a period equal to one (1) month; divided by (2) 1. 00 minus the maximum rate (expressed as a decimal) on such day at which Bank is required to maintain reserves on “Euro-currency Liabilities” as defined in and pursuant to Regulation D of the Board of Governors of the Federal Reserve System or, if such regulation or definition is modified, and as long as Bank is required to maintain reserves against a category of liabilities which includes eurodollar deposits or includes a category of assets which includes eurodollar loans, the rate at which such reserves are required to be maintained on such category.