Compensation and benefits during leave Sample Clauses

Compensation and benefits during leave. The Board may grant compensation for sabbatical leave based upon any one of the following formulas:
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Compensation and benefits during leave. Employees on FMLA Leave shall be required to apply any accrued Earned Time toward such leave. Once paid time is used up, FMLA leave is unpaid. Employees who are collecting workers compensation benefits during periods of FMLA Leave are not entitled to use Earned Time or any other paid time. An employee on FMLA Leave will be retained on the Company’s health plan on the same condition as active employees. Once an employee has used all accrued Earned Time, and is in an unpaid leave status on an approved family or medical leave, the employee is responsible for submitting payment by the 10th of each month to cover the employee portion of health and dental premiums. If any premium payment is more than thirty (30) days late, coverage will be lost during the period of the leave. In circumstances where an employee is on paid leave, the appropriate deductions will be made in the same manner as the employee’s regular paycheck. Arrangements for ongoing payments for all voluntary benefits, such as short-term disability insurance and additional life insurance, must be negotiated by the employee directly with the insurance carrier. The employee will not be entitled to the accrual of seniority or earn additional employee benefits (e.g., Earned Time) during the period of unpaid leave. However, any FMLA leave will be treated as continued service for purposes of the Company’s pension and other retirement plans. Employees on an approved leave shall not lose previously accrued seniority upon return from leave. During periods of leave, employees are required to report to the Company periodically regarding their status and intention to return to work. Return from Leave. An employee returning from FMLA leave will be reinstated to the same or an equivalent position upon his or her proposed return to work date, except that the employee will not be entitled to any employment rights or benefits greater than those he or she would have had in the absence of taking such a leave. In dealing with leaves involving a serious health condition of an employee, medical certification will be required verifying an employee’s ability to return to work. Reduced Work Schedule-Intermittent Leave. In limited circumstances, an employee who is eligible for family or medical leave may be permitted to work a reduced schedule or receive periodic time off from work. In cases of a serious health condition of the employee or a family member, such leave may be permitted in circumstances when it is medically nec...
Compensation and benefits during leave 

Related to Compensation and benefits during leave

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Salary and Benefits During the term of this Agreement:

  • ’ Compensation Leave If such determination cannot readily be made and all healthcare leave or annual leave subject to 100% payoff has been applied to the absence, the employee shall be placed on Official Leave until a final determination is made.

  • Pay and Benefits A. The Agency shall continue to pay salary and benefits which includes pension contribution, insurance and paid leave time consistent with what they earned before their appointment. Employees appointed as a Contract Specialist shall not be eligible for reimbursement for uniforms, boots or other ancillary items while serving as a Contract Specialist the specifics which will be noted in the employee’s Contract Specialist agreement.

  • PENSION AND BENEFITS 26:01 Employees are eligible to participate in the Pension Plan; Long Term Disability Plan; Group Life and Survivor Income Plan; Dental Care Plan; Extended Health Care Plan; Semi-Private Hospital Accommodation Plan; Joint Membership Plan; and Vision Care Plan, as summarized in Schedules “B” to “I” attached hereto.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

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