Common use of Cash in Lieu of Benefits Clause in Contracts

Cash in Lieu of Benefits. 25.1 Upon completion of the probationary period or after two years of continuous service whichever first occurs, employees shall receive 12% added on to their hourly rate for all paid hours in lieu of the following benefits: (i) Dental Insurance (ii) Long Term Disability Insurance (iii) Life Insurance (iv) Extended Health Care Insurance (v) Vision Care Insurance (vi) Semi-Private Hospitalization Coverage

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Cash in Lieu of Benefits. β€Œ 25.1 Upon completion of the probationary period or after two years of continuous service whichever first occurs, employees shall receive 12% added on to their hourly rate for all paid hours in lieu of the following benefits: (i) Dental Insurance (ii) Long Term Disability Insurance (iii) Life Insurance (iv) Extended Health Care Insurance (v) Vision Care Insurance (vi) Semi-Private Hospitalization Coverage

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Cash in Lieu of Benefits. 25.1 25 .1 Upon completion of the probationary period or after two years of continuous service whichever first occurs, employees shall receive 12% added on to their hourly rate for all paid hours in lieu of the following benefits: (i) Dental Insurancelnsurance (ii) Long Term Disability Insurancelnsurance (iii) Life Insurancelnsurance (iv) Extended Health Care Insurancelnsurance (v) Vision Care Insurancelnsurance (vi) Semi-Private Hospitalization Coverage

Appears in 1 contract

Samples: Collective Agreement

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