Common use of BI-WEEKLY COMPENSATION Clause in Contracts

BI-WEEKLY COMPENSATION. 36.1 Bi-weekly compensation of officers shall be paid by the second Friday following each pay period. The officer’s compensation check and annual W-2 form shall be in an enclosed, sealed envelope. All newly hired officers will receive their compensation through direct deposit to their designated financial institution and their itemized wage statements (remittance statements) will be available electronically through PortlandOnline. Newly hired officers may request to receive paper checks in lieu of direct deposit or receive paper remittance statements. 36.2 Unless an officer requests a paper remittance statement, officers shall receive electronic remittance statements, which shall clearly state as separate line items the description of all compensation and benefits earned for the pay period and year-to-date, including but not limited to wages; each premium and each form of overtime; all deductions; all pay outs; all forms of leave; and all taxes and other withholdings.

Appears in 3 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

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BI-WEEKLY COMPENSATION. 36.1 Bi-weekly compensation of officers shall be paid by the second Friday following each pay period. The officer’s compensation check and annual W-2 form shall be in an enclosed, sealed envelope. All newly hired officers will receive their compensation through direct deposit to their designated financial institution and their itemized wage statements (remittance statements) will be available electronically through PortlandOnline. Newly hired officers may request to receive paper checks in lieu of direct deposit or receive paper remittance statements. 36.2 Unless an officer requests a paper remittance statement, officers shall receive electronic remittance statements, which shall clearly state as separate line items the description of all compensation and benefits earned for the pay period and year-to-date, including but not limited to wages; each premium and each form of overtime; all deductions; all pay outs; all forms of leave; and all taxes and other withholdings.

Appears in 3 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

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BI-WEEKLY COMPENSATION. 36.1 Bi-weekly compensation of officers shall be paid by the second Friday following each pay period. The officer’s compensation check and annual W-2 form shall be in an enclosed, sealed envelope. All newly hired officers will receive their compensation through direct deposit to their designated financial institution and their itemized wage statements (remittance statements) will be available electronically through PortlandOnline. Newly hired officers may request to receive paper checks in lieu of direct deposit or receive paper remittance statements. 36.2 Unless an officer requests a paper remittance statement, officers shall receive electronic remittance statements, which shall clearly state as separate line items the description of all compensation and benefits earned for the pay period and year-to-to- date, including but not limited to wages; each premium and each form of overtime; all deductions; all pay outs; all forms of leave; and all taxes and other withholdings.

Appears in 2 contracts

Samples: Labor Agreement, Labor Agreement

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