Per diem rate of pay definition

Per diem rate of pay means the unit member’s annual salary divided by the number of service days in the school year.
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Examples of Per diem rate of pay in a sentence

  • Marathon Teachers Association Contract 2020-2014 Page 25 Per diem rate of pay at the rate of 1/ 200th of annual salary for ten (10) m onth personnel, 1 / 220* of annual salary for eleven (11) month personnel, or 1/ 240* of annual salary for twelve (12) m onth personnel will be deducted for absences not approved.

  • Per diem rate of pay for Salary Schedule "A" placement.N = Number of duty days assigned beyondthe number of duty days in the academic year.T = Total extended-contract salary.Section 7 8.

  • Per diem rate of pay: hourly rate of pay as determined from their per diem rate of pay.

  • Per diem rate of pay will be computed at 1/180th of the employee’s salary.

  • See Attorney Exhibit 46.Client had signed but the Attorney had not.12 This defiance infuriated the Attorney, who sent various intemperate and threatening letters to the Associate and the Client.13In sum, at the time he submitted the Press Release on June 2, 2004, and when the Press Release was published the next day, the Attorney had not read and did not know the precise contents of the Settlement Agreement.

  • Per diem rate of pay is calculated by using the employee’s base salary/by the number of days in the employee’s contract year.

  • Inductees Per diem rate of pay for participation in New Bargaining Unit Member Orientation Day.

Related to Per diem rate of pay

  • Actual Rate of Pay means, unless and until the Agency Worker has completed the Qualifying Period, the rate of pay which will be paid for all time worked during an Assignment for each hour worked, as set out in the relevant Assignment Details Form;

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven and one-half (37 ½).

  • Base Rate of Pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • weekly rate of pay means an employee’s annual rate of pay divided by 52.176.

  • Ordinary rate of pay in Clause 17. - Annual Leave means the average rate the employee received for the four weeks preceding the taking of annual leave or the average rate received for the 12 months preceding such leave, whichever shall be the higher, provided that such average shall be computed taking into consideration any extra rates prescribed for night work, etc., and penalty rates for Sunday work where such work is part of the employee's normal working week of five days but excluding any amounts received by way of overtime or holiday penalty rates.

  • daily rate of pay means an employee's weekly rate of pay divided by five (5);

  • Regular rate of pay means the rate of pay the employee was receiving at the time maternity leave commenced, but does not include retroactive adjustment of rate of pay, acting pay, shift premium, overtime or any other form of supplementary compensation.

  • Maximum Rate of Interest It is intended that the rate of interest hereon shall never exceed the maximum rate, if any, which may be legally charged on the loan evidenced by this Note ("Maximum Rate"), and if the provisions for interest contained in this Note would result in a rate higher than the Maximum Rate, interest shall nevertheless be limited to the Maximum Rate and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of HSBC, returned to the Company.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

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

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Minimum Rate With respect to each ARM Loan, the rate per annum set forth in the related Mortgage Note as the minimum Note Rate thereunder. The Minimum Rate as to each ARM Loan is set forth on the related Mortgage Loan Schedule.

  • 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.

  • NYFRB Rate means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received to the Administrative Agent from a Federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Maximum Rate shall have the meaning assigned to such term in Section 9.09.