BI-WEEKLY PAYROLL. The Union agrees that the Employer may change its payroll to a bi-weekly payroll: that is, paid every second week, and the Union agrees that the Employer, if they do so, shall have complied with the Agreement. It may also include a direct deposit. When the Employer decides to switch to this other payroll system, it shall follow the following procedure: 1. Give employees at least ninety (90) calendar days' notice of change; 2. Assist employees by advancing one or two weeks' pay in the event of a personal financial hardship, one time only at the beginning of change- over; 3. In the event of a direct deposit, it shall pay to the financial institution of the employee's choice, if an employee has a bank account. If the employee does not have a bank account, the Employer shall be free to designate such bank location; 4. The Employer shall provide detailed account of earnings and deductions as previously done; 5. Union dues shall continue to be calculated and the amount paid on a weekly basis; 6. Income tax rates shall be calculated when switching to a two week pay period as if it were on a weekly period, in accordance with the Department of Revenue; 7. Vacation pay shall be paid in advance on the last regular bi-weekly day of the deposit.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
BI-WEEKLY PAYROLL. The Union agrees that the Employer Company may change its payroll to a bi-weekly payroll: that is, paid every second week, and the Union agrees that the EmployerCompany, if they do so, shall have complied with the Agreement. It may also include a direct deposit. When the Employer Company decides to switch to this other payroll system, it shall follow the following procedure:
1. Give employees at least ninety (90) calendar days' notice of change;
2. Assist employees by advancing one or two weeks' pay in the event of a personal financial hardship, one time only at the beginning of change- change-over;
3. In the event of a direct deposit, it shall pay to the financial institution of the employee's choice, if an employee has a bank account. If the employee does not have a bank account, the Employer Company shall be free to designate such bank location;
4. The Employer Company shall provide detailed account of earnings and deductions as previously done;
5. Union dues shall continue to be calculated and the amount paid on a weekly basis;
6. Income tax rates shall be calculated when switching to a two week pay period as if it were on a weekly period, in accordance with the Department of Revenue;
7. Vacation pay shall be paid in advance on the last regular bi-weekly day of the deposit.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
BI-WEEKLY PAYROLL. The Union agrees that the Employer Company may change its payroll to a bi-weekly payroll: that is, paid every second week, and the Union agrees that the EmployerCompany, if they do so, shall have complied with the Agreement. It may also include a direct deposit. When the Employer Company decides to switch to this other payroll system, it shall follow the following procedure:
1. Give employees at least ninety (90) calendar days' notice of change;
2. Assist employees by advancing one or two weeks' pay in the event of a personal financial hardship, one time only at the beginning of change- change-over;
3. In the event of a direct deposit, it shall pay to the financial institution of the employee's choice, if an employee has a bank account. If the employee does not have a bank account, the Employer Company shall be free to designate such bank location;
4. The Employer Company shall provide detailed account of earnings and deductions as previously done;
5. Union dues shall continue to be calculated and the amount paid on a weekly basis;weekly
6. Income tax rates shall be calculated when switching to a two week pay period as if it were on a weekly period, in accordance with the Department of Revenue;
7. Vacation pay shall be paid in advance on the last regular bi-weekly day of the deposit.
Appears in 1 contract
Samples: Collective Bargaining Agreement