Common use of Company Contributions Clause in Contracts

Company Contributions. 3.10.7.1 The Company contributions to the BIRST Fund on behalf of each eligible employee will be $55.00 per week less the cost of the premium for the provision of income maintenance insurance. 3.10.7.2 Where an employee has accrued at least an amount of $8,000.00 in the BIRST Fund the employee may request that; • The amount in excess of $8,000.00 be transferred to the employee’s superannuation fund; and • The company contribute $10.00 per week to the BIRST Fund and the balance of the weekly contribution set out in clause 3.10.7.1 to the employee’s superannuation fund. 3.10.7.3 A worker who is absent on unauthorised leave or authorised unpaid leave on any day or part thereof during the designated pay week shall not be entitled to have any contributions made to the Fund in respect to that particular week.

Appears in 3 contracts

Samples: Employee Collective Agreement, Employee Collective Agreement, Employee Collective Agreement

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Company Contributions. 3.10.7.1 The Company contributions to the BIRST Fund on behalf of each eligible employee will be $55.00 60.00 per week less the cost of the premium for the provision of income maintenance insurance. 3.10.7.2 Where an employee has accrued at least an amount of $8,000.00 in the BIRST Fund the employee may request that; • The amount in excess of $8,000.00 be transferred to the employee’s superannuation fund; and • The company contribute $10.00 20.00 per week to the BIRST Fund and the balance of the weekly contribution set out in clause 3.10.7.1 to the employee’s superannuation fund. 3.10.7.3 A worker who is absent on unauthorised leave or authorised unpaid leave on any day or part thereof during the designated pay week shall not be entitled to have any contributions made to the Fund in respect to that particular week.

Appears in 1 contract

Samples: Union Collective Agreement

Company Contributions. 3.10.7.1 3.7.4.1 The Company contributions to the BIRST Fund on behalf of each eligible employee will be $55.00 per week less the cost of the premium for the provision of income maintenance insuranceweek. 3.10.7.2 3.7.4.2 Where an employee has accrued at least an amount of $8,000.00 in the BIRST Fund the employee may request that; • The amount in excess of $8,000.00 be transferred to the employee’s superannuation fund; and • The company contribute $10.00 per week to the BIRST Fund and the balance of the weekly contribution set out in clause 3.10.7.1 to the employee’s superannuation fund. 3.10.7.3 3.7.4.3 A worker who is absent on unauthorised leave or authorised unpaid leave on any day or part thereof during the designated pay week shall not be entitled to have any contributions made to the Fund in respect to that particular week.

Appears in 1 contract

Samples: Employee Collective Agreement

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Company Contributions. 3.10.7.1 The Company contributions to the BIRST Fund on behalf of each eligible employee will be $55.00 per week less the cost of the premium for the provision of income maintenance insuranceweek. 3.10.7.2 Where an employee has accrued at least an amount of $8,000.00 in the BIRST Fund the employee may request that; • The amount in excess of $8,000.00 be transferred to the employee’s superannuation fund; and • The company contribute $10.00 per week to the BIRST Fund and the balance of the weekly contribution set out in clause 3.10.7.1 to the employee’s superannuation fund. 3.10.7.3 A worker who is absent on unauthorised leave or authorised unpaid leave on any day or part thereof during the designated pay week shall not be entitled to have any contributions made to the Fund in respect to that particular week.

Appears in 1 contract

Samples: Employee Collective Agreement

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