Collective Agreement Budget supplement Sample Clauses

Collective Agreement Budget supplement. You will receive a supplement (‘Collective Agreement Budget’) equal to 12.5% of your gross monthly salary. You can have this supplement paid out or you can use it for a number of purposes. See Appendix 2 for more information about this supplement.
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Collective Agreement Budget supplement. 1 The Collective Agreement Budget supplement covers the vacation allowance, the vacation hours in excess of the statutory minimum, and special leave, with the exception of leave in the event of decease. For this reason, these components are no longer shown separately as current employment conditions in this Collective Agreement . By way of departure from Appendix 3, the following applies.
Sample 1
Collective Agreement Budget supplement. You are entitled to a Collective Agreement Budget supplement each month. The budget equals 12.5% of your gross monthly salary. You may use the supplement or part thereof to: - purchase extra vacation hours. Each will cost you 1.15 times your prevailing hourly salary. In the case of a 40-hour working week (Sales, IT, Strategic Recruitment, staff directly employed by KPN Contact and Customer Expert groups), or a 37-hour working week (General, Retail and staff indirectly employed by KPN Contact groups) you can buy a maximum of 47 vacation hours per year. There is, however, an exception to this scheme, if at the time you wish to buy extra vacation hours you have a balance of more than 200 vacation hours. In such cases, you may only use the supplement or part of it to buy extra vacation hours if you have your manager’s permission. Your manager will give permission if you need the extra vacation hours for a good reason. If you are a part-timer, this maximum will be set in proportion to your working hours. Subject to the approval of your manager, you can increase the number of purchasable extra vacation hours to not more than twice your working hours; - save for a life-course scheme; - (extra) pension contributions (IPS) (up to 1 January 2015 this does not apply to employees of KPN Contact BV, although up to this date extra pension contributions are possible insofar as they come within the limits of the pension scheme); - purchase a bicycle from your gross salary; - pay fitness fees from your gross salary; - purchase furniture from your gross salary, if you are participating in the New Way of Living and Working and, consequently, need to furnish a workplace at home; - pay union dues from your gross salary; - pay for green driving (up to 1 January 2015 this does not apply to employees of KPN Contact BV). There are statutory limits to what you may save for a life-course scheme and the level of a pension contribution or extra contributions that you may make. The way you spend your budget must be within these limits. This also applies to expenditure from your gross salary. These limits are often related to maximum amounts. You can also have the Collective Agreement Budget paid out monthly. Part of the supplement is pensionable. You accrue pension over 75% of the supplement. 1 You can take an uninterrupted period of life-course leave equal to the entire working hours that apply to you. This period of leave must be at least one month and at most six months. If you wish...
Sample 1
Collective Agreement Budget supplement. You are entitled to a Collective Agreement Budget supplement each month. The budget equals 12.5% of your gross monthly salary. You may use the supplement or part thereof to: - purchase extra vacation hours. Each will cost you 1.15 times your prevailing hourly salary. If you work 40 hours (Sales, Customer Expert, Consulting and ITS) or 37 hours (General and Retail) you can purchase up to 47 vacation hours per year. There is, however, an exception to this scheme, if at the time you wish to buy extra vacation hours you have a balance of more than 200 vacation hours. In such cases, you may only use the supplement or part of it to buy extra vacation hours if you have your manager’s permission. Your manager will give permission if you need the extra vacation hours for a good reason. If you are a part-timer, this maximum will be calculated in proportion to your working hours. Subject to the approval of your manager, you can increase the number of purchasable extra vacation hours to not more than twice your working hours. As of 1 November 2015 you can purchase three times your working hours. The above provisions are summarised in the following tables. Summary of maximum number of purchasable vacation days up to 1 November 2015 For a 37-hour working week For a 40-hour working week Without permission (balance <200 hours) 47 hours 47 hours With permission from your manager 74 hours 80 hours Summary of maximum number of purchasable vacation days as from 1 November 2015 For a 37-hour working week For a 40-hour working week Without permission (balance <200 hours) 47 hours 47 hours With permission from your manager 111 hours 120 hours - save for a life-course scheme; - make a deposit or extra deposit for your pension (IPS); - purchase a bicycle from your gross salary; - pay keep-fit fees from your gross salary; - purchase furniture from your gross salary, if you are participating in the New Way of Living and Working and, consequently, need to furnish a workplace at home; - pay union dues from your gross salary; - ‘Green driving’. There are statutory limits to what you may save for a life-course scheme and the level of a pension contribution or extra contributions that you may make. The way you spend your budget must be within these limits. This also applies to expenditure from your gross salary. These limits are often related to maximum amounts. You can also have the Collective Agreement Budget paid out monthly. Part of the supplement is pensionable. You accrue pension o...
Sample 1

Related to Collective Agreement Budget supplement

  • Collective Agreement All provisions of the Collective Agreement shall be applicable to Apprentices in this Program.

  • Collective Agreements There are no collective agreements affecting your terms and conditions of employment.

  • COPIES OF COLLECTIVE AGREEMENT 31.01 Following the signing of the Collective Agreement, each Employee affected shall be provided with a copy by the Employer within seven (7) days of receipt of the copies by the Employer. The Collective Agreement shall be printed in booklet form by the United Nurses of Alberta. The costs of printing shall be shared equally between the parties. 31.02 The Employer shall provide a copy of the Collective Agreement to each new Employee upon hiring.

  • TERM OF COLLECTIVE AGREEMENT 1.01 Except where otherwise stated in this Collective Agreement, this Collective Agreement shall be in effect and expire on August 31, 2019, and from year to year thereafter unless notice, in writing, is given by either party to the other party not less than sixty (60) days nor more than one hundred and twenty (120) days prior to the expiration date of its desire to amend this Collective Agreement. 1.02 This Collective Agreement shall continue in force and effect until a new Collective Agreement has been executed or until the right to strike or lockout arises.

  • Single Collective Agreement a) Central terms and local terms shall together constitute a single collective agreement.

  • COMPLETE AGREEMENT; AMENDMENTS This Agreement is the complete and exclusive agreement between the parties with respect to the subject matter contemplated thereby. No modifications to this Agreement shall be made or binding unless made in writing and signed by all parties to this Agreement.

  • Complete Agreement; Modifications This Agreement and any documents referred to herein or executed contemporaneously herewith constitute the parties’ entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof. This Agreement may be amended, altered or modified only by a writing signed by the Company and the Holders of a majority of the Registrable Securities then outstanding.

  • Complete Agreement; Modification This Agreement sets forth the entire agreement of the parties with respect to the subject matter hereof, and supersedes any previous oral or written communications, negotiations, representations, understandings, or agreements between them. Any modification of this Agreement shall be effective only if set forth in a written document signed by you and a duly authorized officer of the Company.

  • TIPS Sales and Supplemental Agreements If awarded, when making a sale under this awarded contract, the terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, defects, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, AIA Contract, Invoice, etc.) (“Supplemental Agreement” as used herein) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement. The Supplemental Agreement shall dictate the scope of services, the project delivery expectations, the scheduling of projects and milestones, the support requirements, and all other terms applicable to the specific sale(s) between the Vendor and the TIPS Member.

  • Complete Agreement; Amendment This Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements in regard thereto. This Agreement cannot be modified except by an agreement in writing signed by both parties and specifically referring to this Agreement.

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