Gratuity Pay Sample Clauses

Gratuity Pay. (NOTE: 2 working days equals 14 hours for a 35 hour work week, 15 hours for a 37½ hour work week and 16 hours for a 40 hour work week.) (a) It is further agreed and understood that such employee shall be credited with gratuity pay of one (1) working day per quarter of the calendar year as follows: January 1 to March 31 April 1 to June 30 July 1 to September 30 October 1 to December 31 Gratuity Pay may accumulate to a total of one hundred twenty (120) working days. In the event that any employee is absent on sick leave in the quarterly period as designated above, the gratuity pay for that quarterly period will be reduced accordingly for each hour of sick leave taken to the maximum of the one day of gratuity pay for that quarterly period. Each employee may exercise their option of having all accrued gratuity pay earned in the preceding year paid out no later than the fourth (4th) pay period of the following calendar year. The total gratuity pay to an employee's credit shall be paid the employee on leaving the service of the Employer. It is further provided that if an employee be discharged from the service of the Municipality for any of the following causes: (1) Being found, while employed, under the influence of alcohol or a drug, (not prescribed by a physician), and if the employee has refused to obtain proper medical attention for their condition. (2) Being found, while employed, in possession of alcohol or a drug under circumstances which suggest that such alcohol or drug has, is, or is about to be consumed by such employee during the hours of the employee's employment, and if the employee has refused to obtain proper medical attention for their condition. (3) Theft or conversion of Municipal property. (4) Willful damage to Municipal property. the said employee shall not necessarily receive all or any accumulated gratuities. (b) Employees shall not be entitled to payment of gratuity pay as provided above if they resign or leave the service of the Municipality within two years of the date of the commencement of their employment.
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Gratuity Pay. (i) It is further agreed and understood that each employee shall be credited with gratuity pay of one (1) working day for each three (3) months of no sick leave to accumulate to a total of one hundred twenty (120) working days, PROVIDED THAT; - gratuity deductions for sick leave shall not exceed one (1) working day in any one (1) three-month period or for any one illness. It is further agreed and understood that such employee shall be credited with gratuity pay of one (1) working day per quarter of the calendar year as follows: - January 1 to March 31 - April 1 to June 30 - July 1 to September 30 - October 1 to December 31 Gratuity Pay may accumulate to a total of one hundred twenty (120) working days, PROVIDED THAT; - gratuity accrues in the above quarters where there is no sick leave usage in the case of uninterrupted sick leave that spans two quarters, but is less than three months duration, one gratuity day is accrued in the case of no further sick leave usage. - in the case of uninterrupted sick leave lasting more than two quarters, an employee will not accrue gratuity days. (a) An employee or his/her estate (as the case may be) shall be entitled to payment in cash for gratuity days accumulated in the event of normal retirement at minimum to maximum age, death in the service, permanent disability or leaving the service after completion of ten (10) years' service. (b) An employee who has completed three (3) years' continuous service with the City may elect, prior to the end of any calendar year but subsequent to the completion of such service, to be paid in cash for all or a portion of the gratuity days that the employee has accumulated up to and including the year in which such election is made, and the employee shall be paid therefore in the following calendar year at a time to be chosen by the employee, subject to payroll time constraints, which payment shall be computed on the basis of his/her regular rate of pay in effect in that year; PROVIDED HOWEVER that if any such employee who receives any payment from the City pursuant to this Clause 23.4(ii)(b) leaves the service of the City prior to the completion of ten (10) years' continuous service with the City such employee shall reimburse the City for all payments so made by the City computed on the basis of the employee's regular rate of pay in effect at the date of the termination of his/her employment. (c) Subject to the provisions of paragraph (d) of this Clause 23.4(ii), an employee who terminat...
Gratuity Pay. For those employees with gratuity credits remaining at the date of termination of the Gratuity Plan, 2008 December 31, they may choose to either request a payout of their remaining gratuity credits or they may retain their credits in a separate leave bank to be taken during their employment. Should they leave employment with credits remaining, they would be paid out along with other paid leaves (e.g. vacation).
Gratuity Pay working days equals hours for a hour work week, hours for a hour work week and hours for a hour work week.
Gratuity Pay. PAGE CLAUSE PAGE BENEFITS WORKING CONDITIONS PROTECTIVE GRIEVANCE CHANGES THE AGREEMENT COMMITTEE OCCUPATIONAL SAFETY PAGE Gratuity Experiment Supplementary Vacation THE CORPORATION OF OF ASSOCIATION,
Gratuity Pay. Food service employees within this bargaining unit who are assigned to work at special events or parties beyond their regularly scheduled hours shall receive an additional gratuity of twenty- five percent (25%) of their wages earned during that special event or party. This gratuity will be paid with the regular payroll and will be taxable income.
Gratuity Pay. (NOTE: working days equals hours for a hour work week hours for a hour work week and hours for a hour work week. I t further agreed and understood that such employee shall be credited with gratuity pay of two working days January and a further working days effective July to accumu- late to a total of one hundred and twenty working days. In the event that any employee is absent on sick leave days or more in the period January to June inclusive, or two days or more in period July to December inclusive, the shall not receive any credit for gratuity pay for that period. The total gratuity pay to an employee's credit shall be paid the employee on his leaving the service of the Corporation'. It is further provided that if an employee discharged the service of the Municipality for any of the following causes: Being found, while employed, under the influence of alco- hol or a drug, (not by a physician), and if he has refused to obtain proper medical for his condition.
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Gratuity Pay 

Related to Gratuity Pay

  • Gratuity Agency will not reimburse Outside Counsel for tips or gratuities.

  • Gratuities The Contractor will not, in connection with this Contract, directly or indirectly (1) offer, give, or agree to give anything of value to anyone as consideration for any State of Florida officer’s or employee’s decision, opinion, recommendation, vote, other exercise of discretion, or violation of a known legal duty, or (2) offer, give, or agree to give to anyone anything of value for the benefit of, or at the direction or request of, any State of Florida officer or employee.

  • Longevity Pay If an employee leaves State Classified employment and later is rehired, he/she shall receive no longevity pay. However, once such a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for longevity pay. The only exception shall be for employees rehired who repay severance pay received. (See Article 22, Section Q.)

  • GRATUITIES/KICKBACKS (a) SELLER shall not offer or give a kickback or gratuity (in the form of entertainment, gifts, or otherwise) for the purpose of obtaining or rewarding favorable treatment as a LOCKHEED XXXXXX supplier. (b) By accepting this Contract, SELLER certifies and represents that it has not made or solicited and will not make or solicit kickbacks in violation of FAR 52.203-7 or the Anti-Kickback Act of 1986 (41 USC 51-58), both of which are incorporated herein by this specific reference, except that paragraph (c)(1) of FAR 52.203-7 shall not apply.

  • ANNUITY PAYMENTS If the Proceeds are less than $2,000 on the Maturity Date as shown on the first page of this Contract, we will pay you or, subject to our consent in the event the payee is not a natural person, a payee designated by you, the Proceeds in one lump sum payment as directed by you and this Contract will have no further value. If the Proceeds are equal to or greater than $2,000 on the Maturity Date as shown on the first page of this Contract and an Annuitant is living on the Maturity Date, we will begin making Annuity Payments as described below. We will make Annuity Payments beginning on the Maturity Date, on a monthly basis unless you deliver Notice to Us directing us to pay at a different frequency. However, requests for periodic payments other than monthly, quarterly, semi-annually or annually require our consent. If the day an Annuity Payment is scheduled to be paid is not a Business Day, for instance, a weekend, or does not exist in any month in which an Annuity Payment is due, for instance, a month that does not contain twenty-nine, thirty, or thirty-one days, such Annuity Payment will be paid on the next Business Day. The amount applied to an Annuity Plan will be the Proceeds, less any applicable premium tax, which will determine the Annuity Payment under the Annuity Plan you have elected. Each Annuity Payment must equal at least $20. If Annuity Payments would be less than $20, we have the right to make such Annuity Payments less frequently as necessary to make the Annuity Payment equal to at least $20. We have the right to change the $2,000 and $20 minimums stated in this provision based upon increases reflected in the Consumer Price Index for All Urban Consumers (CPI-U) since January 1, 2005. You may elect any of the Annuity Plans described below. In addition, you may elect any other Annuity Plan we may be offering on the Maturity Date. You may change the Annuity Plan you have elected at any time before the Maturity Date upon thirty days prior Notice to Us. Upon request, we will send you the proper forms to elect or change an Annuity Plan. The elected Annuity Plan shall become effective when we receive satisfactorily completed forms indicating your election. If you do not elect an Annuity Plan by the Maturity Date, payments, calculated based on the oldest Annuitant's life, will be made to you or a payee designated by you automatically each month for a minimum of 120 months and as long thereafter as the oldest Annuitant lives unless otherwise limited by applicable law. IU-IA-3089 Your election of an Annuity Plan is subject to the following additional terms and conditions: (1) If you do not direct us otherwise, Annuity Payments will be paid to you.

  • Longevity Payments (a) Longevity payments as set out in the salary schedule in Appendix A-1 (Interest Arbitration ineligible employees) and Appendix A-2 (Interest Arbitration eligible employees) will be provided to eligible employees upon completion of 10, 15, 20 and 25 years of continuous service. Continuous service shall mean time in a title or combination of titles which have existed and/or presently exist in the Security Services Unit, Agency Police Services Unit or Security Supervisors Unit. Such payment will be added to base pay effective on the payroll period which next begins following the actual completion of 10, 15, 20 and 25 years of continuous service. (b) In no event may an employee's basic annual salary exceed the longevity maximum of the salary grade as the result of the longevity payment or adjustment. (c) Employees whose basic annual salary after the application of the general increase and implementation of the new salary schedule is above the job rate will be considered to have received longevity payments in the amount by which their basic annual salary exceeds the job rate for their grade. (d) Such longevity payments will be added to and considered part of base pay for all purposes except for determining an employee's change in salary upon movement to a different salary grade and his potential for movement to the job rate of the new grade, after which determination the appropriate longevity payments will be restored. (e) The longevity amount for all employees will be adjusted to reflect the longevity payments which are appropriate to their current salary grade.

  • No Gratuities Contractor has not directly or indirectly offered or given any gratuities (in the form of entertainment, gifts, or otherwise), to any Judicial Branch Personnel with a view toward securing this Agreement or securing favorable treatment with respect to any determinations concerning the performance of this Agreement.

  • Superannuation 13.1 The Employer shall contribute, on behalf of the Employee, superannuation to a fund that will be nominated by the Employer, in accordance with the requirements of the relevant, prevailing superannuation legislation.

  • Superannuation fund Unless, to comply with superannuation legislation, the employer is required to make the superannuation contributions provided for in Clause 24(b) to another superannuation fund that is chosen by the employee, the employer must make the superannuation contributions provided for in Clause 24(b) and pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) to one of the following superannuation funds: (i) Health Employees Superannuation Trust of Australia (HESTA); (ii) any superannuation fund to which the employer was making superannuation contributions for the benefit of its employees before 12 September 2008, provided the superannuation fund is an eligible choice fund and is a fund that offers a MySuper product or is an exempt public sector scheme.

  • SALARY SACRIFICE ARRANGEMENTS 34.1 Employees covered by this Agreement will have access to salary sacrifice arrangements in addition to the compulsory arrangement detailed above. The requirements of any such arrangements shall ensure that: (a) Accessing a salary sacrifice arrangement is a voluntary decision to be made by the individual Employee. (b) An Employee wishing to enter into a salary sacrifice arrangement will be required to notify their Employer in writing of the intention to do so and have sought expert advice in relation to entering into such an arrangement. (c) The Employer shall meet the cost of implementing the administrative and payroll arrangements necessary for the introduction of salary sacrifice to the Employees under the Agreement. (d) The co-contribution of superannuation payments referred to herein shall be made by way of salary sacrifice arrangements.

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