Standard prevailing rate of wages definition

Standard prevailing rate of wages or "standard prevailing wage" means the rates established as
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Standard prevailing rate of wages means the standard prevailing rate of wages ad defined in 18-2-401, MCA. A standard prevailing rate of wages determined according to these rules is not a prescribed wage rate, but is rather, a minimum at or above which an individual performing labor on a public work project must be compensated.
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Related to Standard prevailing rate of wages

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

  • Base rate of pay means the rate of pay payable to the Employee for their Ordinary Hours of work, but not including any of the following: a) loadings; b) monetary allowances; c) overtime; and d) penalty rates.

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

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

  • 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.

  • Prevailing Wage means the wage rate paid by virtue of

  • 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.

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