Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's pay (1879.2) x 2
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paidpaid * (excluding overtime) in the two year period x 1 week's ’s pay (1879.2) ** x 22 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, 2020 Collective Agreement
Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's ’s pay (1879.2) ** x 22 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's pay (1879.2) 1,950 x 2
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's ’s pay (1879.2) 1950** x 22 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. Hours worked between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1879.2 hours.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's ’s pay (1879.2) 1800 x 2
Appears in 1 contract
Samples: Collective Agreement
Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's pay (1879.2) x 22 Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: Total hours paid* (excluding overtime) (1879.2) * Includes leave without pay up to twenty (20) work days. Periods of service cannot be used more than once for calculating severance allowance.
Appears in 1 contract
Samples: Collective Agreement
Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's pay (1879.2) ** x 22 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5.
Appears in 1 contract
Samples: Memorandum of Agreement
Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* (excluding overtime) in the two year period x 1 week's ’s pay (1879.2) 1950 x 22 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. Hours worked between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1879.2 hours.
Appears in 1 contract
Samples: Collective Agreement
Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid* hours paid (excluding overtime) in the two two-year period x 1 week's pay divided by 1,826.25 X 2 B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis total hours paid (1879.2excluding overtime) x 2divided by 1,826.25
Appears in 1 contract
Samples: www.lrb.bc.ca