Common use of Average hourly pay Clause in Contracts

Average hourly pay. The average hourly pay in this collective agreement refers to the average hourly salary for the last two pay periods. If the salary amount varies, for example, due to the productivity bonus determined by the employee’s own effort or incentive pay, the calculation period for the average hourly pay is the period of six pay periods. When calculating the average hourly pay, the shift work and working condition bonuses are taken into account. Any overtime or Sunday work compensations will not be considered. If the company uses a different calculation period for the average hourly pay than the one described above, the customary practice can be continued. Application instructions: If the average hourly pay cannot be calculated as described above due to the short-term nature of the employment, it is calculated based on the final pay period of the employment.

Average hourly pay. The average hourly pay in this collective agreement refers to the average hourly salary for the last two pay periods. If the salary amount varies, for example, due to the productivity bonus determined by the employee’s own effort or incentive pay, the calculation period for the average hourly pay is the period of six pay periods. When calculating the average hourly pay, the shift work and working condition bonuses are taken into account. Any overtime or Sunday work compensations will not be considered. If the company uses a different calculation period for the average hourly pay than the one described above, the customary practice can be continued. Application instructions: If the average hourly pay cannot be calculated as described above due to the short-term nature of the employment, it is calculated based on the final pay period of the employment.