Derivation of Bi-Weekly and Monthly Rates Sample Clauses

Derivation of Bi-Weekly and Monthly Rates. The hourly rates set forth in Schedule "A" shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi- weekly and monthly rates is as follows: hourly x bi-weekly = bi-weekly rate (taken rate hours to 2 decimal places) bi-weekly rate x 26.089 = monthly rate (taken to 12 the nearest dollar) The resultant hourly and bi-weekly rates are the pay rates to which salaried employees are entitled. The monthly salaries shall be calculated to the nearest dollar. (e.g. 50¢ or more shall be increased to the next highest dollar and less than 50¢ shall not be counted.)

Derivation of Bi-Weekly and Monthly Rates a) The hourly rates set forth in Schedules “A”, “B”, “C” & “D” shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi-weekly and monthly rates is as follows: hourly rate x bi-weekly hours = bi-weekly rate (taken to two decimal places) = monthly rate (taken to the bi-weekly rate x 26.089 nearest dollar) b) Where Inside employees have a normal work week that is different than thirty- five (35) hours per week, they shall be paid their hourly rate multiplied by the number of hours worked.

Derivation of Bi-Weekly and Monthly Rates. The hourly rates set out above shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi-weekly and monthly rates is as follows: nt.] y grades - Pay grade adjustments when Temporary Employees were reduced from 16% in lieu of benefits to 12% in lieu of benefits [adjustments made in 1994 January 01 to 1996 December 31 Collective Agreeme - Step 6 to be created for the following individuals in the following occupations and subsequent pa only: − The following people were eligible for a Step 6 because of the elimination of pay grades 10 and 11: SCHEDULE “B” TO THE 2001 - 2003 COLLECTIVE AGREEMENT BETWEEN THE MUNICIPALITY AND THE ASSOCIATION SCHEDULE “B” TO THE 2001 - 2003 COLLECTIVE AGREEMENT BETWEEN THE MUNICIPALITY AND THE ASSOCIATION SCHEDULE “B” TO THE 2001 - 2003 COLLECTIVE AGREEMENT BETWEEN THE MUNICIPALITY AND THE ASSOCIATION SCHEDULE “B” TO THE 2001 - 2003 COLLECTIVE AGREEMENT BETWEEN THE MUNICIPALITY AND THE ASSOCIATION SCHEDULE “B” TO THE 2001 - 2003 COLLECTIVE AGREEMENT BETWEEN THE MUNICIPALITY AND THE ASSOCIATION