Common use of Employee Options No option offered Clause in Contracts

Employee Options No option offered. Top-Up Calculation The Top-up shall be calculated as follows: For Full-time Staff – Regular Gross Pay (plus Vacation Pay when paid with each cheque) less 20% and Part-time staff less 15% (estimated for C.P.P., E.I., and Income Tax) = Net Pay * 10% of Net Income as defined by W.C.B. which is the portion not paid by W.C.

Employee Options No option offered. 2 Top-Up up Calculation The Top-up shall be calculated as follows: For FullFull Time Staff-time Staff – Regular Gross Pay (plus Vacation Pay when paid with each cheque) less 20% and Part-time staff Staff less 15% (estimated for C.P.P., E.I., E.I. and Income Tax) = Net Pay * 10% = Top-up. This calculation approximates 10% of Net Income as defined by W.C.B. which is the portion not paid by W.C.

Employee Options No option offered. Top-Up Calculation The Top-up shall be calculated as follows: For Full-time Staff – Staff-Regular Gross Pay (plus Vacation Pay when paid with each cheque) less 20% and Part-Part- time staff less Staffless 15% (estimated for C.P.P., E.I., E.I. and Income Tax) = Net Pay Pay* 10% of Net = Top-up. This 2 Top-up Calculation calculation approximates 10% ofNet Income as defined by W.C.B. which is the portion not paid by W.C.by

Employee Options No option offered. 2 Top-Up up Calculation The Top-up shall be calculated as follows: For Full-time Staff – Staff-Regular Gross Pay (plus Vacation Pay when paid with each cheque) less 20% and Part-time staff Staff less 15% (estimated for C.P.P., E.I., E.I. and Income Tax) = Net Pay * 10% = Top-up. This calculation approximates 10% of Net Income as defined by W.C.B. which is the portion not paid by W.C.