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M*Modal

Benefit Rate - anon

Posted: Jul 26th, 2016 - 12:45 pm In Reply to: Sorry stupid question, but what is a benefit rate? - MT

The benefit rate is the rate at which you are compensated (in $/hr) when you have paid time off or, according to the letter, when there is MModal downtime due to their program not working. It is also used to calculate short-term disability, long-term disability and life insurance benefits and premiums.

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