Calculation of accident pay Sample Clauses

Calculation of accident pay. 12.4.1 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee also receives over award payment, the accident pay rate includes an amount equal to 65% of the average weekly rate of the incentive earning scheme payments made to the employee for the period actually worked during ordinary hours over the 13 week period prior to accident pay starting. 12.4.2 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee does not receive over award payments, the accident pay rate includes incentive earning scheme payments. 12.4.3 The weekly payment payable under subclauses 1.3.2 and 1.3.3 is based on “ pre- injury average weekly earnings ” or “ PIAWE ” as defined in the Act.
Sample 1Sample 2Sample 3See All (32)
AutoNDA by SimpleDocs
Calculation of accident pay. The weekly payment of accident pay payable under subclauses 30.1.1 and 30.1.2 is based on “pre-injury average weekly earnings” or “PIAWE” as defined and capped in the AC Act.
Sample 1Sample 2
Calculation of accident pay. 1.4.1 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee also receives over award payment, the accident pay rate includes an amount equal to 65% of the average weekly rate of the incentive earning 1.4.2 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee does not receive over award payments, the accident pay rate includes incentive earning scheme payments. 1.4.3 The weekly payment payable under subclauses 1.3.2 and 1.3.3 is based on “pre-injury average weekly earnings” or “PIAWE” as defined in the Act.
Sample 1
Calculation of accident pay. Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee also receives over award payment, the accident pay rate includes an amount equal to 65% of the average weekly rate of the incentive earning scheme payments made to the employee for the period actually worked during ordinary hours over the 13 week period prior to accident pay starting.
Sample 1
Calculation of accident pay. Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee also receives over award payment, the accident pay rate includes an amount equal to 65% of the average weekly rate of the incentive earning scheme payments made to the employee for the period actually worked during ordinary hours over the 13 week period prior to accident pay starting. Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee does not receive over award payments, the accident pay rate includes incentive earning scheme payments. The weekly payment payable under is based on “pre-injury average weekly earnings” or “PIAWE” as defined in the Act.
Sample 1
Calculation of accident pay. The weekly accident pay rates for employees shall be in accordance with the following table. The weekly accident pay is based on “pre-injury average weekly earnings” or “PIAWE” as defined in the Act. Payments of accident pay made in respect of part of a week will be on a direct pro rata basis. Conditions of these Accident Make Up Pay clauses only apply to injuries that occur after the date of commencement of this Agreement.
Sample 1
Calculation of accident pay. 17.3.1 The workers compensation insurer will pay a percentage of the employee’s ‘pre-injury average weekly earnings’ or PIAWE as defined in the Act. The employer will make up the difference to 100% of the PIAWE for the first 39 weeks.
Sample 1
AutoNDA by SimpleDocs
Calculation of accident pay. 30.3.1 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee also receives over agreement payment, the accident pay rate includes an amount equal to 65% of the average weekly rate of the incentive earning scheme payments made to the employee for the period actually worked during ordinary hours over the 13 week period prior to accident pay starting. 30.3.3 The weekly payment payable under subclauses 30.2.1 and 30.2.2 is based on “pre-injury average weekly earnings” or “PIAWE” as defined in the Act.
Sample 1
Calculation of accident pay. 1.4.1 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee also receives over award payment, the accident pay rate includes an amount equal to 65% of the average 1.4.2 Where an employee is paid under an incentive earning scheme (such as payment by results, a task or bonus scheme, etc.) and the employee does not receive over award payments, the accident pay rate includes incentive earning scheme payments. 1.4.3 The weekly payment payable under subclauses 1.3.2 and 1.3.3 is based on "preinjury average weekly earnings" or “PIAWE” as defined in the Act.
Sample 1

Related to Calculation of accident pay

  • ACCIDENT PAY The company shall pay accident pay as defined in the award, during the incapacity of their employee/s arising from any one injury, for a total of fifty-two (52) weeks - irrespective of whether such incapacity is in one continuous period or not.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • VALUATION SUPPORT AND COMPUTATION ACCOUNTING SERVICES BNY Mellon shall provide the following valuation support and computation accounting services for each Fund:  Journalize investment, capital share and income and expense activities;  Maintain individual ledgers for investment securities;  Maintain historical tax lots for each security;  Corporate action processing as more fully set forth in the SLDs;  Reconcile cash and investment balances of each Fund with the Fund’s custodian or other counterparties as applicable;  Provide a Fund’s investment adviser, as applicable, with the cash balance available for investment purposes at start-of-day and upon request, as agreed by the parties;  Calculate capital gains and losses;  Calculate daily distribution rate per share;  Determine net income;  Obtain security market quotes and currency exchange rates from pricing services approved by a Fund’s investment adviser, or if such quotes are unavailable, then obtain such prices from the Fund’s investment adviser, and in either case, calculate the market value of each Fund’s investments in accordance with the Fund's valuation policies or guidelines; provided, however, that BNY Mellon shall not under any circumstances be under a duty to independently price or value any of the Fund's investments, including securities lending related cash collateral investments (with the exception of the services provided hereunder to Funds utilized for such cash collateral investments), itself or to confirm or validate any information or valuation provided by the investment adviser or any other pricing source, nor shall BNY Mellon have any liability relating to inaccuracies or otherwise with respect to such information or valuations; notwithstanding the foregoing, BNY Mellon shall follow the established procedures and controls to identify exceptions, tolerance breaches, etc. and to research and resolve or escalate any pricing inaccuracies;  Application of the established automated price validation rules against prices received from third party vendors and review of exceptions as identified;  Calculate Net Asset Value in the manner specified in the Fund’s Offering Materials (which, for the service described herein, shall include the Fund’s Net Asset Value error policy);  Calculate Accumulated Unit Values (“AUV”) for select funds as mutually agreed upon between the parties;  Transmit or make available a copy of the daily portfolio valuation to a Fund’s investment adviser;  Calculate yields, portfolio dollar-weighted average maturity and dollar-weighted average life as applicable; and  Calculate portfolio turnover rate for inclusion in the annual and semi-annual shareholder reports.  For money market funds, obtain security market quotes and calculate the market-value Net Asset Value in accordance with the Fund’s valuation policies and guidelines at such times and frequencies as required by regulation and/or instruction from TRP.

  • HOLIDAY COMPENSATION FOR TIME WORKED Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time- and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime as provided for elsewhere in this contract. 127. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Reduction of Compensation If the Firm fails to meet the submission date by less than thirty days for the draft report and/or working papers submitted to the Office of the State Auditor for review and approval or by less than thirty days from the completion date for the final reports and/or corrections to the working papers prescribed herein, the District may, with the consent of the Office of the State Auditor, reduce the agreed compensation by an amount not to exceed ten percent of the total contract price for the applicable fiscal year. If reports and/or corrections to the working papers are overdue by 30 days or more, the District may reduce, with the consent of the Office of the State Auditor, the agreed compensation by an amount not to exceed twenty percent of the total contract price for the Rev. 10/20 applicable fiscal year.

  • Holiday Compensation Compensation for each paid holiday day not taken out is 4.6 % of the current monthly salary and holiday supplement according to 9.4.1 and 9.4.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Payment of Wages With the agreement of the majority of the employees, the company may elect to pay wages weekly by electronic funds transfer (EFT) to up to two accounts of the employee’s choice.

  • Payments to Specified Employees Notwithstanding any other Section of this Agreement, if the Employee is a Specified Employee at the time of the Employee’s Separation from Service, payments or distribution of property to the Employee provided under this Agreement, to the extent considered amounts deferred under a non-qualified deferred compensation plan (as defined in Code Section 409A) shall be deferred until the six (6) month anniversary of such Separation from Service to the extent required in order to comply with Code Section 409A and Treasury Regulation 1.409A-3(i)(2).

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!