Loaded Wage Rate definition

Loaded Wage Rate means the Ordinary Wage Rate, plus a component for annual leave and personal leave entitlements.
Sample 1Sample 2Sample 3
Loaded Wage Rate means the Ordinary Wage Rate, plus a Component for pre- payment of annual leave and personal leave entitlements.
Sample 1
Loaded Wage Rate means the Ordinary Wage Rate, plus a component for pre• payment of annual leave and personal leave entitlements. (f) For the avoidance of doubt, "Wage Rate" excludes Overtime (Clause 18).
Sample 1

Examples of Loaded Wage Rate in a sentence

  • If your Loaded Wage Rate increases after you have received payment of unused accrued annual leave and personal leave, but before you take such annual leave or personal leave, Brodalex will, at the time you take such unpaid annual leave or personal leave, pay to you an amount equal to the difference between the former pro-rata payment of your entitlement to annual leave or personal leave and the new pro-rata payment of your entitlement to annual leave or personal leave.

  • Act means the Fair Work Act 2009 (Cth) Award means Plumbing and Fire Sprinklers Award Base Wage Rate means the rates set out in Appendix A being the Loaded Wage Rate less Loadings Family and Domestic Violence means violent, threatening or other abusive behaviour by a family member of an employee that seeks to coerce or control that employee and causes them harm or to be fearful.

  • The rates of pay for an employee engaged on the Loaded Wage Rate basis will be not less than those provided in the following table: LOADED WAGE RATES Classification • The rates of pay for casuals shall be the base level appointed plus a loading of 25% for all ordinary time worked.

  • Loaded Wage Rate: Unless stated otherwise, all benefits represent 46% of unloaded wage rates, based on average rate of benefits for all civilian non-farm workers (see http://www.bls.gov/news.release/ecec.t01.htm).

  • Incapacity to work 26 J Job Classifications 7, 31 Jury service 20, 22 L Letter of Engagement 1, 7 Loaded Wage Rate 2, 3, 20 Long service leave 22 M Maternity leave See Parental leave Minimum Shift Engagement Period 10 Minimum Wage Rate Schedule 15, 32, 33, 35, 37, 39, 41 N Nominal Expiry Date 3 Non-salaried Employee 2 Notice of termination 7, 25, 28, 29 O Off-the-job training 2 Ordinary Wage Rate.

  • Loaded Wage Rate: Benefits represent approximately 45% of unloaded wage rates, based on total benefits for all civilian non-farm workers from http://www.bls.gov/news.release/ecec.t01.htm Fully Loaded Wage Rate: The loaded wage rate is multiplied by 50% (EPA guidelines 20-70%) to get overhead costs.

  • Roxanne Jordan a proponent of liberation theology who later became the speaker of the Nelson Mandela Metropolitan Council argued: The role of the church in the new South Africa is constructive engagement and critical solidarity (Interview, 18 July 2001).

  • Descriptive analysis refers to an analysis in which a researcher simply describes what is observed or how a program works without evaluating strengths or weakness.

  • This means that there are more factors of a in the denominator than the numerator.

  • Available here: http://www.doleta.gov/agworker/report9/naws_rpt9.pdfFully Loaded Wage Rate The fully loaded wage rates for all sectors except workers are presented in Table 1.

Related to Loaded Wage Rate

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Worker Wage Rate means the actual hourly wage of non-salaried persons performing work on the Project plus allowable employer contributions as established on the Worker Wage Rate Form required by the Construction Documents. The Worker Wage Rate must be reasonable and customary for their industry, must equal or exceed the prevailing wage established by Owner and must be approved in writing by Owner in advance of any Application for Payment. All payments for non-salaried personnel working on the Project are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by employer for services performed for the Project.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Straight-time rate means the hourly rate of remuneration.

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Adjusted Mortgage Rate As to each Mortgage Loan, and at any time, the per annum rate equal to the Mortgage Rate less the Master Servicing Fee Rate.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Prevailing wage rate means the rate, amount, or level of wages, salaries, benefits, and other

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Blended Rate means, with respect to any Taxable Year, the sum of the effective rates of tax imposed on the aggregate net income of the Corporate Taxpayer in each state or local jurisdiction in which the Corporate Taxpayer files Tax Returns for such Taxable Year, with the maximum effective rate in any state or local jurisdiction being equal to the product of: (i) the apportionment factor on the income or franchise Tax Return filed by the Corporate Taxpayer in such jurisdiction for such Taxable Year, and (ii) the maximum applicable corporate tax rate in effect in such jurisdiction in such Taxable Year. As an illustration of the calculation of Blended Rate for a Taxable Year, if the Corporate Taxpayer solely files Tax Returns in State 1 and State 2 in a Taxable Year, the maximum applicable corporate tax rates in effect in such states in such Taxable Year are 6% and 5%, respectively and the apportionment factors for such states in such Taxable Year are 60% and 40%, respectively, then the Blended Rate for such Taxable Year is equal to 5.6% (i.e., 6% times 60% plus 5% times 40%).

  • Minimum Mortgage Rate With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

  • U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

  • Annual Revenue Rate means the rate employed to assess a compliance penalty charge on a Curtailment Service Provider under Tariff, Attachment DD, section 11. Annual Transmission Costs:

  • Adjusted Net Maximum Mortgage Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.