Adjournment compensation in 2023 Sample Clauses

Adjournment compensation in 2023. The adjournment compensation is compensation for adjourning the pay increase by five months. The adjournment compensation is EUR 400 and it will be paid with the pay of July 2023. The adjournment compensation shall be paid only to those senior salaried employees whose continuous employment has begun no later than 1 April 2023 and whose employment contract is still effective on the payment date of the adjournment compensation. The adjournment compensation shall also be paid even if the senior salaried employee has been laid off or they are on sick or family leave. For senior salaried employees in part-time employment, the amount of the adjournment compensation is calculated based on the agreed working hours/full-time working hours ratio. The adjournment compensation shall not be paid if the senior salaried employee has resigned before the payment date of the non-recurring payment. The adjournment compensation shall not be paid to summer employees. The adjournment compensation is not taken into consideration when paying other salary components, such as the annual holiday pay and overtime pay.
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Adjournment compensation in 2023. The adjournment compensation is compensation for adjourning the pay increase by five months. The adjournment compensation is EUR 400 and it will be paid with the pay of June 2023. The adjournment compensation shall be paid only to those salaried employees whose contin- uous employment has begun no later than 1 March 2023 and whose employment contract is still effective on the payment date of the adjournment compensation. The adjournment com- pensation shall also be paid even if the salaried employee has been laid off or they are on sick or family leave. For salaried employees in part-time employment, the amount of the adjournment compensa- tion is calculated based on the agreed working hours/full-time working hours ratio. Hourly paid employees: see section 3.4 of the Protocol of Signature. The adjournment compensation shall not be paid if the salaried employee has resigned before the payment date of the non-recurring payment. The adjournment compensation is not taken into consideration when paying other salary com- ponents, such as the annual holiday pay and overtime pay.

Related to Adjournment compensation in 2023

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

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