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Amount of Sick Pay Sample Clauses

Amount of Sick Pay. The amount of sick pay received will be determined by the length of service up to the first day of absence according to the following service schedule: at least 3 months - 66 2/3% of earnings at least 1 year - 70% of earnings at least 2 years - 80% of earnings at least 3 years - 90% of earnings at least 4 years - 100% of earnings Note: Length of service will be the length of continuous employment with the Home. In the case of a part-time nurse transferring to full-time, service will be calculated on the basis of 1600 hours worked shall equal one (1) year.
Amount of Sick Pay. The sick pay paid by the bank to the employee shall be calculated by a de- duction being made to salary according to the table below: Deductions for sickness up to the 14th calendar day per period of sick- ness: A) a qualifying deduction for the period constitut- ing up to 20% of the employee's weekly working hours π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 100% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  B) for the period after a full qualifying deduction and up to the 14th calendar day of the period of sick leave π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 20% Γ— 52 Γ— π‘€π‘’π‘’π‘˜π‘™π‘¦ π‘€π‘œπ‘Ÿπ‘˜π‘–π‘›π‘” β„Žπ‘œπ‘’π‘Ÿπ‘  Deductions for sickness from the 15th to the 90th calendar day per pe- riod of sickness: When an employee receives sickness benefits or preventive sickness bene- fits from the 15th calendar day per period of sickness and similarly for reha- bilitation benefits, a deduction shall also be made by the bank according to the following: For 80% compensation of the SGI (sickness benefits qualifying income): Annual salary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day 365 The part of the annual income above10 price base amounts 10% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12βˆ’10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  per calendar day 365 For 75% compensation of SGI: Annual salary up to 10 price base amounts 90% Γ— π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ—12 per calendar day 365 The part of the annual incomeabove 10 price base amounts 15% π‘šπ‘œπ‘›π‘‘β„Žπ‘™π‘¦ π‘ π‘Žπ‘™π‘Žπ‘Ÿπ‘¦ Γ— 12 βˆ’ 10 π‘π‘Ÿπ‘–π‘π‘’ π‘π‘Žπ‘ π‘’ π‘Žπ‘šπ‘œπ‘’π‘›π‘‘π‘  Γ— per calendar day 365 The employee is obliged to inform the bank about the level of compensa- tion he/she is entitled to. The bank shall inform the employee about this obligation. If an employee has received too high a top-up compensation from the bank in relation to the compensation received from the Social In- surance Agency, the excess amount shall be repaid to the bank. Deductions for sickness from the 91st calendar day per period of sick- ness π‘šπ‘œπ‘›π‘‘β„Žπ‘™οΏ½οΏ½ π‘ π‘Žπ‘™οΏ½οΏ½π‘Ÿπ‘¦ Γ— 12 365 π‘π‘’π‘Ÿ π‘π‘Žπ‘™π‘’π‘›π‘‘π‘Žπ‘Ÿ π‘‘π‘Žπ‘¦ An employee’s sick pay entitlement ends when he/she starts receiving dis- ability pension in accordance with Section 6 (BTP 1) or Section 11 (BTP 2) in the Pension Agreement.
Amount of Sick Pay. The amount of your sick pay will be determined by the length of your service with your current Employer, up to your date of disability, according to the following service schedule. ο‚· at least 3 months 66 2/3% of regular earnings ο‚· at least 1 year 70% of regular earnings ο‚· at least 2 years 80% of regular earnings ο‚· at least 3 years 90% of regular earnings ο‚· at least 4 years 100% of regular earnings (Regular earnings are those in effect on the last day you are actively at work.) The amount you receive will be the greater of: ο‚· the sick pay benefit stated above ο‚· 60% of your insurable earnings, as defined by the Canada Employment Insurance Commission
Amount of Sick Pay. The amount of sick pay shall be calculated on the basis of the relevant monthly salary. The monthly salary includes: - fixed monthly salary in cash plus any fixed monthly salary supplements - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary components. In the case of outplaced salaried employees with performance pay, the monthly salary include the following: - the fixed monthly salary and any fixed monthly salary supplements - the average performance pay according to Section 12.2 for the most recent three calendar months before falling sick. In the case of salaried employees who receive a substantial part of their pay in the form of variable salary components, the employer and employee should reach an agreement on the amount of pay that will constitute the monthly salary from which the sickness deduction shall be made. If the salary is changed, the employer shall make the deductions on the basis of the earlier salary until the day the salaried employee is notified of his new salary.
Amount of Sick PaySalary deduction Illness up to and including 14 calendar days per sickness period 5.3.2.1 Definition of monthly salary 5.3.2.2 Calculation of qualifying period deduction and sick pay 5.1.1 specifies that a new sickness period that starts within five calendar days from the end of an earlier sickness period must be deemed a continuation of the earlier sickness period. This means that a qualifying period deduction may still need to be made up to 20% of average weekly working hours in the continued sickness period. The employee’s average weekly working hours are the weekly working time in hours for a calendar week. For employees with intermittent or irregular work hours, an average is calculated over a period that is representative and comparative for the employee. 5.3.2.3 Sick pay without taking into account the qualifying period 5.3.2.4 When ten qualifying period deductions have been made 1.1 specifies that a new sickness period that starts within five calendar days from the end of an earlier sickness period must be deemed a continuation of the earlier sickness period. Comment
Amount of Sick Pay. The sick pay to be provided by the employer is calculated through a salary deduction as set out below: (for definitions of hourly salary and daily salary see 2.1) The deduction must not exceed one daily salary per day of illness. One hourly salary/hour 0.2 x the hourly salary/hour For the part of the salary that is less than 7.5 Swedish price base amounts: 0.9 x the daily salary is deducted per calendar day. For the part of the salary that exceeds 7.5 Swedish price base amounts: 0.1 x the daily salary is deducted per calendar day. If the employee would have performed work during scheduled inconvenient working hours, additional sick pay shall be paid from the second day of absence by 80 % of the compensation for shift or inconvenient working hours that would otherwise have been paid. If the employee falls ill again within five calendar days after a prior illness period, the periods shall be considered as one. If an employee during the past 12 months has had 10 waiting days or according to a decision by the Swedish Social Insurance Agency has a right to 80 % sick pay already from the first day, then a deduction shall be made for the first day as for day 2. When the salary changes, a deduction shall be made according to the former monthly salary until the day when the employee is notified of the new salary.
Amount of Sick Pay. The sick pay the employer must pay the employee is calculated by making a deduction from the salary as follows. Subsection 4:1 Sickness up to and including the 14th calendar day of the sick pay period. In case of absence due to illness, a salary deduction shall be made for each hour as follows. 100 % x monthly salary x 12
Amount of Sick Pay. Sick pay to be paid by the employer will be calculated by making deductions from salary in accordance with the following (see 2:1 for a definition of β€˜hourly salary’ and β€˜daily salary’). When daily salary is calculated as provided for in 2:1 for an employee with weekly salary, monthly salary = 4.3 x weekly salary.
Amount of Sick Pay. The sick pay paid by the bank to the employee is calculated by a deduc- tion being made to pay according to the table below: Deductions for sickness up to the 14th calendar day per period of sickness: A) a qualifying deduction for the period constitut- ing up to 20% of the employee's weekly working time β„Ž Γ— 12 100% Γ— 52 Γ— β„Ž B) for the period after a full qualifying deduction and up to the 14th calendar day of the period of sick leave β„Ž Γ— 12 20% Γ— 52 Γ— β„Ž Deductions for sickness from the 15th to the 90th calendar day per period of sickness: When an employee receives sickness benefit or preventative sickness benefit from the 15th calendar day per period of sickness and similarly for rehabilitation benefit, a deduction is also made by the bank according to the following: For 80% compensation of the SGI (sickness benefit qualifying income): Annual salary up to 8.0 price base amounts β„Ž Γ— 12 90% Γ— 365 The part of the annual income above8.0 price base amounts β„Ž Γ— 12 βˆ’ 8.0 10% Γ— 365 For 75% compensation of SGI: Annual salary up to 8.0 price base amounts β„Ž Γ— 12 90% Γ— 365 The part of the annual income above8.0 price base amounts β„Ž Γ— 12 βˆ’ 8.0 15% Γ— 365 The employee is obliged to inform the bank about the level of compensa- tion he/she is entitled to. The bank shall inform the employee about this obligation. If an employee has received too high a top-up compensation from the bank in relation to the compensation received from FΓΆrsΓ€kring- skassan, the excess amount shall be repaid to the bank. Deductions for sickness from the 91st calendar day per period of sickness β„Ž Γ— 12 365 An employee’s sick pay entitlement ends when he/she starts receiving sickness compensation in accordance with Xxxxxxx 0 (XXX 0 xx Xxxxxxx 00 (XXX 2) in the Pension Agreement.
Amount of Sick Pay. The amount of sick pay shall be calculated by making salary deductions, as provided below.