Night Premium definition

Night Premium. All Purpose Clerks and Meat Cutters shall receive a premium of fifty cents ($0.50) per hour (twenty-five cents ($0.25) per hour for Courtesy Clerks and for all employees hired on or after June 20, 2004). Such premium shall apply to all work performed by employees after 12:00 midnight and before 5:00 a.m. over and above the regular hourly rate of pay and/or overtime rate to which the employee may be entitled.
Sample 1
Night Premium. All employees who are required to work between the hours of 6:00 p.m. and 7:00 a.m. of the following day shall receive a differential at the rate of eighty (80) cents per hour for each full half (1/2) hour or major part thereof worked, in addition to their regular hourly rate. During such hours that the store is open to the public, this differential shah not apply to part time employees who work sixteen
Sample 1

Examples of Night Premium in a sentence

  • If crew call time is 14:00 or later on more than 2 consecutive days the Night Premium clause shall be activated as follows: all work performed between the hours of midnight and 5:00 a.m. shall have an additional 25% added to the hourly rate of pay and shall be paid at the rate in use and effect.

  • If work call commences at 14:00 or later on more than 2 consecutive days, the Company shall pay Employees a Night Premium whereby work performed between the hours of midnight and 5:00 a.m. shall have an additional 25% added to an Employee's applicable prevailing hourly rate of pay.

  • The Night Premium shall be equivalent to the following amount: As of June 1, 2022 $1.46 As of June 1, 2023 $1.51 Employees are not entitled to this premium when they are being paid at the rate provided for overtime.

  • OVERTIME HOURS 15 13.6 Sixth and Seventh Days Overtime 15 13.9 Night Premium 15 13.10 Maximum Compounding 15 Article 14.

  • D., Lepori, B.: Ontologies as bridges between data sources and user queries: the knowmak project experience.

  • Custodian - Custodial Schedule Night Premium for General Custodian +$.30 Building Charge +$.55 Building Charge M.

  • Night Premium: For hours between 12:00 midnight and 1:00 A.M. - 10% additional per hour For hours between 1:00 A.M. and 6:00 A.M. - 20% additional per hour Interviews: $31.04 allowance for 1 1/2 hour interview Fittings: $41.38 allowance for two hours Wardrobe allowance: $15.00 allowance for tuxedo or white tie and tails Wardrobe Change: $5.00 for first change and $7.50 for two or more changes.

  • The balance will be paid at the appropriate day rate.Post 2012 T&C’s:With the exception of the Night Premium an employee may request TOIL at plain time instead ofpayment:Day RateMonday - SundayDay: Plain timeNight: Plain time + Night Premium (see below)Overtime rates apply either: on day the employee is contracted/rostered to work or on a day theemployee is not contracted/rostered to work or the employee is called out.

  • A Registered Nurse who works three (3) or more hours on the Evening or Night Shift on a holiday set forth in Section 5 of Article XI will be paid both the holiday premium set forth in Section 5 of Article XI and either the Evening or Night Premium (whichever is applicable) as set forth in Section 4.a., as well as the weekend premium where applicable.

  • Add changes in bold:In the event the state or federal minimum wage changes during the term of this Collective Bargaining Agreement and equals or exceeds contract rates, the parties agree to meet and bargain the affected rates of pay.Page 1UFCW Local 2008 ‐ Little Rock Meat ‐ 02/10/2021 (Attachment A) Night Premium Department LeaderWeekly store sales w/o fuel Hourly$900,000+ / Marketplace $1.00$600,000 ‐ $900,000 $0.50Department Leader ClassificationsMeat Dept.

Related to Night Premium

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Net earned premium means the premiums earned in this State

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Buyer’s Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Prepayment Premiums Any prepayment fees and penalties to be paid by the Mortgagor on a Mortgage Loan.

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Bond Service Charges means principal, including mandatory sinking fund requirements for retirement of obligations, and interest, and redemption premium, if any, required to be paid by the authority on obligations.

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.