Present rate of pay definition

Present rate of pay means the base pay rate currently authorized for the position which determines the type of personnel transaction which will occur, except as modified by s. ER 29.03
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Present rate of pay means any of the following:
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Present rate of pay means the base pay rate currently authorized for the position that determines the type of personnel transaction that will occur, unless otherwise specified.
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Related to Present rate of pay

  • 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 an employee's weekly rate of pay divided by thirty-five (35).

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

  • 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.

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.