Increment Accrual Sample Clauses

The Increment Accrual clause defines how certain amounts, such as interest, fees, or other financial obligations, accumulate over time under an agreement. Typically, this clause specifies the rate, frequency, and method by which these amounts increase, such as daily or monthly compounding of interest on outstanding balances. Its core practical function is to ensure both parties understand how financial obligations grow, providing transparency and predictability in the calculation of amounts owed over the life of the contract.
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Increment Accrual. Casual Employees shall be entitled to an increment on the completion of 1920.75 regular hours of work and thereafter a further increment upon the completion of each period of 1711.50 regular hours actually worked to the maximum increment granted Full-time Employees.
Increment Accrual. Part-time Employees shall be entitled to an increment on the completion of 1920.75 regular hours of work and thereafter a further increment upon the completion of each period of 1711.50 regular hours actually worked to the maximum increment granted Full-time Employees.
Increment Accrual. (i) Part-time Employees shall be entitled to an increment on the completion of 1920.75 regular hours of work and thereafter a further increment upon the completion of each period of 1711.50 regular hours actually worked to the maximum increment granted Full-time Employees. (ii) For Part-time Employees, leave of absence for Union or Local business, other leaves of absence not exceeding one (1) month, periods of sick leave with pay and while in receipt of Workers’ Compensation benefits shall be considered as hours worked for the purpose of calculating increments in accordance with Article 30.01(c)(i). (iii) For Part-time Employees, educational leave up to 24 months shall be considered as hours worked for the purpose of calculating increments in accordance with Article 30.01(c)(i).
Increment Accrual. (i) Casual Employees shall be entitled to an increment on the completion of 1920.75 regular hours of work and thereafter a further increment upon the completion of each period of 1711.50 regular hours actually worked to the maximum increment granted Full-time Employees. (ii) Casual Employees who work at another site covered by the Multi- Employer/United Nurses of Alberta Collective Agreement may, once a year, provide proof of hours worked at the Basic Rate of Pay for that other Employer and have those hours applied for the purpose of achieving further increments on the Salary Grid, up to the maximum increment. Hours worked in another Classification, providing it is work covered by this Collective Agreement, shall be included, however the Employee shall be paid in accordance with the wage rate of the classification of the position held by the Employee at the applicable site. No Employee shall receive credit for the same increment hours more than once at the same Employer. (iii) This provision shall come into effect upon Ratification of the Agreement and shall be as follows: (A) Prior to September 1, 2022, and upon proof of hours worked, Employees will be advanced to the highest step on the salary grid achieved working for another Employer covered by this Collective Agreement. (B) After application of 30.03(c)(iii)(A) above, Employees can only advance one (1) step per year as a result of this provision.
Increment Accrual. (i) Part-time Employees shall be entitled to an increment on the completion of 1968.50 regular hours of work and thereafter a further increment upon the completion of each period of 1807.50 regular hours actually worked to the maximum increment granted Full-time Employees. (ii) For Part-time Employees, leave of absence for Union or Local business, other leaves of absence not exceeding one month, periods of sick leave with pay shall be considered as hours worked for the purpose of calculating increments in accordance with Article 27.01(c)(i). (iii) For Part-time Employees, educational leave up to 24 months shall be considered as hours worked for the purpose of calculating increments in accordance with Article 27.01(c)(i).
Increment Accrual. (i) Part-time Employees shall be entitled to an increment on the completion of one thousand nine hundred and twenty point seven five (1,920.75) regular hours of work and thereafter a further increment upon the completion of each period of one thousand seven hundred and eleven point five zero (1,711.50) regular hours actually worked to the maximum increment granted full-time Employees. (ii) For part-time Employees, leave of absence for Union business, other leaves of absence not exceeding one (1) month, periods of sick leave with pay and while in receipt of Workers’ Compensation benefits shall be considered as hours worked for the purpose of calculating increments in accordance with Article 30.01(c)(i). (iii) For part-time Employees, educational leave up to twenty-four (24) months shall be considered as hours worked for the purpose of calculating increments in accordance with Article 30.01(c)(i).
Increment Accrual. Casual Employees shall be entitled to an increment on the completion of one thousand nine hundred and twenty point seventy five (1920.
Increment Accrual. Employees shall be entitled to an increment on the completion of two thousand and twenty-two point seventy-five (2,022.75) regular hours of work and thereafter a further increment upon the completion of each period of one thousand nine hundred and fifty (1,950) regular hours actually worked to the maximum increment granted full-time Employees.
Increment Accrual. (iii) not more than seven (7) consecutive scheduled days of work to occur not more than twice in a six (6) week cycle; (iv) designated days of rest on three (3) weekends in a six (6) week period, one of which will be an extended weekend. “Weekend” means a Saturday and the following Sunday, assuring a minimum of 56 hours off duty, provided not more than one (1) hour is worked on the Sunday, and “Extended Weekend” means a Saturday and the following Sunday assuring a minimum of 79.75 hours off duty, provided not more than one (1) hour is worked on the last day of the extended weekend. Provided however that, when scheduling considerations make compliance with the requirement that designated days of rest fall on a weekend impracticable, such will not be required. Such deviation shall be stipulated in the written advice required pursuant to Article 30.01:7.01(a)(iii).
Increment Accrual assuring a minimum of fifty six (56) hours off duty;” (i) part-time Employees shall be entitled to an increment on the completion of one thousand nine hundred and twenty point seventy five (1920.