Average hourly pay Clause Samples

The 'Average hourly pay' clause defines how an employee's compensation is calculated based on the average amount earned per hour worked. Typically, this clause outlines the method for determining the average hourly rate, which may involve dividing total earnings by the total number of hours worked over a specific period, such as a week or month. This approach ensures that employees are paid fairly for variable work schedules or fluctuating hours, providing a clear and consistent method for calculating pay and preventing disputes over wage calculations.
Average hourly pay. The average hourly pay in this collective agreement refers to the average hourly salary for the last two pay periods. If the salary amount varies, for example, due to the productivity bonus determined by the employee’s own effort or incentive pay, the calculation period for the average hourly pay is the period of six pay periods. When calculating the average hourly pay, the shift work and working condition bonuses are taken into account. Any overtime or Sunday work compensations will not be considered. If the company uses a different calculation period for the average hourly pay than the one described above, the customary practice can be continued. If the average hourly pay cannot be calculated as described above due to the short-term nature of the employment, it is calculated based on the final pay period of the employment.
Average hourly pay. Average hourly pay refers to the average hourly pay from regular working hours in the last two pay periods before the time of calculation. The bonuses listed in sections 20 and 21 are included in the calculation of average hourly pay. Increments for overtime or Sunday work are not included. If the average hourly pay cannot be calculated as described above due to the short-term nature of the employment relationship, it is calculated based on the regular working hours of the previous and current pay period.

Related to Average hourly pay

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • Mileage Allowance The state agrees to seek continued funding to provide for the payment of a mileage allowance for the use of privately owned vehicles for official travel at the rate provided in section 112.061(7)(d)1., F.S.