December and Vacation Supplements Sample Clauses

December and Vacation Supplements. Employees who are employed during the first week of December or have held consecutive employment with the same employer for 12 weeks over the last 12 months have the right to a December supplement, proporationally based on the employment period in the calendar year. The December supplement shall be paid not later than 15 December. Subject to an agreement with the employees, it is permissible for the accounting period being from 1 December through 30 December annually instead of the calendar year. The December supplement in 2008 is ISK 44,100. The supplement in 2009 is ISK 45,600 and ISK 46,800 in 2010. Employees who are employed at the turn of the months April/May or have worked at least 12 weeks during the vacation year (i.e. during the period 1 May to 30 April) have the right to a vacation supplement, proportionally based on their employment period in the vacation year, which is then ending. The payable vacation supplement in the summer of 2008 is ISK 24,300. The vacation supplement in 2009 is ISK 25,200 and ISK 25,800 in 2010. Part-time employees have the right to proportional supplements. The regular day-work pay can either be monthly pay or hourly pay. When monthly wages are paid for day-work, the employee receives the agreed monthly pay, irrespective of the number of workdays (Mondays-Fridays) during the month. The hourly pay for day work is found by dividing the monthly pay by 173.33. The paid wages every month are determined by the number of day-work hours in the relevant month. If the monthly pay of a construction worker amounts to ISK 147.500 , for example, his hourly pay for regular day work is ISK 850,98. The hourly pay of workers at restaurants and hotels is found by dividing the monthly pay by 172. Overtime pay shall be paid for work in excess of 8 hours per day and 40 hours per week. Over- time is paid at an hourly rate equaling 1.0385% of the monthly wages for regular day work. Kauptaxtar kjarasamninga taka árlegum breytingum, 1. mars 2009 og 1. janúar 2010. nema kjarasamningnum verði sagt upp xx xxxxx uppsögnin þá gildi 1. mars 2009 Því þarf að xxxxx upplýsinga hjá hlutaðeigandi stéttarfélagi um gildandi kauptaxta. Erlendir starfsmenn hér á xxxxx svo og þeir Íslendingar sem starfað hafa erlendis flytja með sér áunnin starfstíma gagnvart réttindum kjarasamninga sem tengd eru starfstíma í starfsgrein, xxxx xxxxx starfið erlendis talið sambærilegt. Starfsmenn skulu við ráðningu færa sönnur á starfstíma sinn með vottorði fyrrum vinnuveitanda e...
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December and Vacation Supplements. The December supplement for each calendar year is: In 2008 ISK 44,100. In 2009 ISK 45.600. In 2010 ISK 46.800. The vacation supplement for each vacation year (1 May – 30 April) on the basis of fulltime employment is: In the vacation year commencing 1 May 2008 the vacation supplement will be ISK 24,300. In the vacation year commencing 1 May 2009 the vacation supplement will be ISK 25,200. In the vacation year commencing 1 May 2010 the vacation supplement will be ISK 25,800. It is however permitted to pay the December and vacation supplements continuously should the employee so request, and given that it is specified in his contract of employment. In addition to monthly wages a proportion of the December and vacation supplements shall be paid, calculated on full time work of 173.33 hours per month. In 2008 ISK 38.00 per hour. In 2009 ISK 39.33 per hour. In 2010 ISK 40.33 per hour. On termination of employment the accumulated December and vacation supplements shall be paid. For other issues relating to December and vacation supplements, reference is made to the collective agreement between SGS and SA.
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December and Vacation Supplements 
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Related to December and Vacation Supplements

  • Benefits and Vacation The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three (3) weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's employment for any reason.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an Employee's vacation period, she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and the Employee.

  • ANNUAL VACATIONS 15.01 Employees shall be entitled to an annual vacation after one (1) year of employment with pay, calculated as follows: (a) 3/52nds of the earnings of that year of service after one (1) year and each subsequent year thereafter, up to and including five (5) completed years of service; (b) 4/52nds of the earnings for the year commencing after five (5) completed years of service and each subsequent year thereafter, up to ten (10) completed years of service; (c) 5/52nds of the earnings after ten (10) completed years of service and each subsequent year thereafter. 15.02 For other than full-time employees, all vacation pay will be paid to employees on December 15th in each year unless the employee requests vacation pay when a holiday is taken. In such circumstances, the employee will receive vacation pay requested at that time or a portion of the payment at that time and the balance on December 15th. Part-time employees will be allowed to make two (2) such requests per year based on earnings to June 30th. Full-time employees will receive vacation pay when they take their vacation. 15.03 Employees who are hospitalized or make use of compassionate leave during their vacation period shall be credited with extra vacation time equivalent to the time used. 15.04 Vacations cannot be accumulated from one year to another. 15.05 When a statutory holiday occurs during an employee’s vacation, an extra day’s vacation shall be granted if the holiday is one for which the employee would have received pay if he/she had been working. 15.06 If the employment of an employee is terminated, the Employer shall pay him/her for any vacation time he/she has earned. 15.07 A vacation list shall be submitted to the employees requesting them to indicate their preference as to vacation dates. Both parties agree, however, that the vacation schedule must be practical insofar as the operation of the business is concerned and therefore the Employer is able to make a final decision as to how many and which employees would be able to take vacation at any particular time. Seniority shall prevail in the event of a conflict of vacation requests between employees.

  • Vacation and Leave a. The Executive shall be entitled to vacation and other leave in accordance with policy for senior executives, or otherwise as approved by the Board. b. In addition to paid vacation and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determine. Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive as vacation pay ten percent (10%) of the employee's total earnings exclusive of each Employer's contribution to the Union's Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay. 9.02 Vacation periods shall be arranged by mutual agreement between each Employer and each employee. Employees shall be granted their vacation periods as requested insofar as it is practicable and in accordance with years of employment, unless an Employer decides to grant all vacations at one time, in which case that Employer shall give the employees at least six (6) weeks advance notice. 9.03 Each Employer agrees to remit the Vacation Pay of each employee as agreed upon in Article 9.01 of this Agreement and in accordance with the regulation set by the Employment Standards Branch, Ministry of Labour, monthly before, but not later than the fifteenth of the following month to the Union using a separate cheque marked "Vacation Pay", accompanied by a list on which all deductions and contributions as mentioned in Articles 6.01, 12.02, 17.01, 18.01 and Schedule "A" are recorded. 9.04 In accordance with the agreement with the Employment Standards Branch, Ministry of Labour, the Board of Trustees of the Union's Vacation Pay Trust Fund, is obligated to take any steps which may be available to them either in law or in equity or in bankruptcy as may be necessary or desirable to effect collection from delinquent Employers. All costs incurred in the collection of said payment will be charged to such defaulting Employer. 9.05 Each Employer agrees to give the auditor of the Union's Trust Fund the privilege to examine that Employer's records concerning hours and monies forwarded to the Union, if and when the auditor so desires. Any date for such an examination will be pre-arranged in writing between the auditor, that Employer and the Union.

  • Benefits; Vacation Employee shall be eligible to receive all benefits as are available to similarly situated employees of Employer generally, and any other benefits that Employer may, in its sole discretion, elect to grant to Employee from time to time. In addition, Employee shall be entitled to four (4) weeks paid vacation per year, which shall be pro-rated for the first partial year of employment and shall accrue in accordance with Employer’s policies applicable to similarly situated employees of Employer.

  • Reinstatement of Vacation Days - Sick Leave In the event an employee is sick or injured prior to the commencement of his/her vacation, such employee shall be granted sick leave and the vacation period so displaced shall be added to the vacation period if requested by the employee and by mutual agreement, or shall be reinstated for use at a later date.

  • Vacation and Sick Leave During the Term, Executive shall be entitled to (a) sick leave in accordance with the Company’s policies applicable to similarly situated executive officers of the Company from time to time and (b) 4 weeks paid vacation each calendar year (up to 40 hours of which may be carried forward to a succeeding year).

  • Vacations and Leave a. Executive may take vacations and other leave in accordance with the Bank’s policy for senior executives, or otherwise as approved by the Board. b. In addition to paid vacations and other leave, the Board may grant Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board, in its discretion, may determine.

  • Vacation and Paid Time Off The Executive shall be entitled to vacation and paid time off in accordance with the standard policies of the Company for executives as in effect from time to time.

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