Existing Wages Sample Clauses

The 'Existing Wages' clause defines how an employee's current salary or wage rate is treated under a new agreement or policy. Typically, this clause clarifies whether the employee's pay will remain unchanged, be adjusted, or be subject to review when transitioning to a new role, contract, or after a company merger. For example, it may specify that employees will retain their previous wage rates despite organizational changes. The core function of this clause is to provide certainty and transparency regarding compensation, preventing disputes or misunderstandings about pay continuity during transitions.
Existing Wages. Individual salary rates, in excess of those herein provided shall not be reduced by reasons of this Agreement. It is understood all bonus payments are considered salary within the meaning of this Agree­ ment.
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Related to Existing Wages

  • Replacement Employees (a) A replacement employee is an employee specifically engaged or temporarily promoted or transferred, as a result of an employee proceeding on parental leave. (b) Before an employer engages a replacement employee the employer must inform that person of the temporary nature of the employment and of the rights of the employee who is being replaced.

  • Leased Employees Any Leased Employee treated as an Employee under Section 1.31 of the Plan, is: (Choose (h) or (i))

  • Shift Employees Employees who work rotating shift patterns or those who work qualifying shifts shall be entitled, on completion of 12 months employment on shift work, to up to an additional 5 days annual leave, based on the number of qualifying shifts worked. The entitlement will be calculated on the annual leave anniversary date. Qualifying shifts are defined as a shift which involves at least 2 hours work performed outside the hours of 8.00am to 5.00pm, excluding overtime. Number of qualifying shifts per annum Number of days additional leave per annum 121 or more 5 days 96 – 120 4 days 71 – 95 3 days 46 – 70 2 days 21 – 45 1 day

  • Contract Employees Contained in Annexure D.

  • Sham Contracting and Anti-Wage Theft The Parties acknowledge the importance of complying with all applicable laws prohibiting sham contracting and wage theft including, but not limited to, the: (a) Fair Work Act; (b) Wage Theft Act 2020 (Vic) (c) Modern Slavery Act 2018 (Cth); and (d) Independent Contractors Act 2006 (Cth).