Guaranteed Pay Sample Clauses

Guaranteed Pay. To further clarify the intent of this Clause, the Corporation guarantees full pay and benefits for normal working hours as defined in this Agreement for the full period of continuous employment guaranteed in Sub-Clause 13.5.1 above.
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Guaranteed Pay. In the types of payment covered by subsection 5.6, the guaranteed pay excluding pay components in accordance with section 5.6.4 shall be at least equal to that prescribed in subsection 5.3 of the collective agreement.
Guaranteed Pay. When applying a sales commission scheme, the employee shall be paid each month the minimum monthly salary of job grade four (4) stipulated in this collective agreement. In addition to this monthly salary, the employee shall be paid sales commission so that the commission earned during the calendar month is paid no later than during the two calendar months following the month it was earned. Payment for absences and paid leave For a period of paid absence as set out in the collective agreement, the staff member shall be paid their salary, compensation for loss of earnings, or mid-week holiday allowance when a mid-week holiday falls on a working day, on the same basis as an employee paid a monthly salary, however in such a way that the salary or compensation for loss of earnings for the period of absence is determined on the basis of the average salary paid to the employee during the previous three full calendar months (earnings for regular working hours + sales commission / working days or working hours). If the employment has lasted less than three calendar months, the salary, loss of earnings compensation or mid-week holiday allowance, when a mid-week holiday falls on a working day, for the period of absence shall be reimbursed according to the same principles as those based on the average earnings of employees covered by the company's sales commission scheme (earnings for regular working hours + sales commission / working days or working hours) calculated over the previous three full calendar months. The salary for a notice period shall be paid in accordance with the preceding paragraphs for the part of the notice period during which the employee does not work in accordance with this protocol. The annual holiday pay shall be determined and calculated as provided by the Annual Holidays Act. The holiday pay shall be paid from the annual holiday pay in accordance with section 32 of the collective agreement. Payroll items calculated on the basis of the employee's own average hourly pay The basic pay per hour of overtime and travel time shall be calculated on the basis of the average hourly earnings paid to the employee during the previous three full calendar months (earnings from regular working hours + sales commission / working hours). If the employment has lasted less than three calendar months, the average hourly earnings shall be calculated over the entire employment period. The basic pay and emergency callout allowance of possible standby compensation a...
Guaranteed Pay. 18.01 When an employee is called in for work and no work is available or there is a power or mechanical failure, he will be guaranteed three (3) hours at his regular hourly rate of pay; for piece work paid employees, three (3) hours at their waiting time rate. This regulation does not apply to any employee who has already accumulated a total of three (3) hours for that day; however, no employee will receive less than two hour's pay for any call out. Where employees are entitled to time and one half (1 ½) under Article 7.05 “waiting time” will be paid at time and one half (1 ½).
Guaranteed Pay. The employeeswage conditions (hourly earnings in accordance with this provision) shall be checked twice a year based on NHO’s calculated annual average (converted to hourly earnings) and the performance of Statistic Norway's industrial wage index for the first and second quarters. The calculation shall be based on wage data from Statistic Norway and what otherwise follows from this provision.
Guaranteed Pay. An employee shall not be required to lay-off during regular hours to equalize any overtime worked. The forgoing does not negate or apply to the Employer’s existing right to adjust shift times under Schedule “B”. The Employer maintains the right under Schedule “B” to schedule such employee off work once the employee has worked the equivalent of a total of eight paid hours. Employees who report for any scheduled shift will be guaranteed at least four (4) hours of work with pay, or, if no work is available, will be paid at least four (4) hours except when work is not available due to conditions beyond the control of the Employer. This reporting allowance shall not apply whenever an employee has received prior notice not to report to work. Part-time employees who report for scheduled work of less than eight (8) hours will receive a pro-rated amount of reporting pay.
Guaranteed Pay. Each inside employee who has completed the probationary period will receive not less than forty (40) hours' pay at his regular straight time hourly rate for each week in which he is scheduled to work, provided:
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Guaranteed Pay. When an employee is called in for work and no work is available or there is a power or mechanical failure, he will be guaranteed three (3) hours at his regular hourly rate of pay; for piece work paid employees, three (3) hours at their basic hourly rate. This regulation does not apply to any employee who has already accumulated a total of three (3) hours for that day; however, no employee will receive less than two hour’s pay for any call out. The Company agrees that if this occurs on the waiting time will be paid at time and one-half and if on a Sunday or a holiday, it will be double time. When packers and machine operators are called in for production and work is more than one-half hour late starting, they will be paid for the time up to a maximum of two (2) hours. Waiting time of thirty (30) minutes or more for piece work paid employees and hourly paid employees during their shift will be paid at their waiting time rate. If a lunch break other than their normally scheduled lunch break is required, employees must be notified beforehand. When an employee is asked to remain on call he will be guaranteed a minimum of one (1) hours pay for every eight hours (or portion thereof) he is asked to remain on call. Where appropriate on call will be guaranteed at applicable premium rates; time and one half or double time. article SHIFT DIFFERENTIAL Employees will be paid shift differential for all hours worked during a scheduled shift commencing at three or later. Hourly paid employees will receive thirty cents per hour above their basic hourly rate. SAP packers on piece work will be guaranteed a shift differential of three percent (3%) of their earnings. There will be no compounding of the shift differential premium. ARTICLE

Related to Guaranteed Pay

  • Restricted Payments Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

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