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penalty rates

plural noun

  1. rates of pay, such as double time, paid to employees working outside normal working hours
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

German newsmedia are full of stories about “penalty rates”and criticism of the European Central Bank for, as they put it, expropriating savers.

German newsmedia are full of stories about “penalty rates”and criticism of the European Central Bank for, as they put it, expropriating savers.

In its letter, the agency lays out the interest and penalty rates that companies can expect, which range from paying no penalties and minimal interest if completed within 90 days to paying a 12% penalty and 18% interest.

The claim alleges that benefits mandated under the Fast Food Industry Award 2010 like casual loading, travel costs, penalty rates, mininum three-hour shifts and laundry allowances among others were systematically avoided by Domino’s.

From Reuters

McCurdy improves upon his model year after year — he calls this year’s version “Magnus,” while last year’s was “Edgar” — but generally they are based on team’s shot rates, penalty rates and goaltender performance, for starters.

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penalty pointpenalty shoot-out