Individual allowance Sample Clauses

Individual allowance. The rules of the collective agreement on individual allowances apply to the employee. The individual allowance is subject to an annual assessment as part of the appraisal interview. Such assessment may result in an increased or decreased individual allowance. However, the employee’s salary may never be lower than the salary received by the employee at the time of transition to new pay models. In that connection, a shadow salary must be calculated (see (8)).
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Individual allowance. The rules of the collective agreement on individual allowances apply to the employee. The individual allowance is subject to an annual assessment as part of the appraisal interview. Such assessment may result in an increased or decreased individual allowance. However, the employee’s salary may never be lower than the salary received by the employee at the time of transition to new pay models. In that connection, a shadow salary will be calculated (see (4)). Pension Pension contributions are calculated on the basis of the employee’s current salary. If the employee is dismissed or a pension commitment is triggered for other reasons not attributable to the employee (utilregnelighedstilsagn), the employee will be entitled to pension benefits in accordance with a shadow salary calculation. If the employee’s current salary is higher than the shadow salary, the employee will be entitled to pension benefits on the basis of his/her current salary. Members of Danske Bank’s defined benefit plan (rød tilsagn)
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Individual allowance. In case of job downgrading as referred to in Article 6.17, you are eligible for an individual allowance if you have held your job for more than three years and your current job salary exceeds the maximum of the lower job scale for the new job. The individual allowance is the difference between the former and the new individual job salary. The individual allowance will be scaled down during a period of three years. In the first year, the allowance is fixed at 100% of the difference, in the second year at 67% and in the third, and last year, at 33%. The amounts are determined once and are not adjusted to CLA increases. The individual allowance does not count for your pension base after the change of job. The pension entitlements accrued up to the time of the job change are regarded as dormant rights. For calculation of the old age pension the pension entitlements accrued before and after the job change are added up together. Individual allowances and guarantees not included in your individual job salary are not included in this scheme.
Sample 1
Individual allowance. The individual allowance is calculated as a percentage (full percentage) of the basic salary between 0 - 25%. - 20 - 25%: Excellent performance - 10 - 20%: Very satisfactory to excellent performance - 1 - 10%: Satisfactory to very satisfactory performance - 0%: Less satisfactory performance The rate of the allowance is determined on the basis of an overall assessment of the employee’s ef- forts and performance using the following criteria:
Sample 1
Individual allowance. In the event of job downgrading at your own request, as arranged in Article 6.17.3, you are eligible for an individual allowance. This individual allowance is the difference between your current and the new individual job salary. The individual allowance will be decreased during a period of three years. In the first year, the allowance is fixed at 75% of the difference, in the second year at 50% and in the third, and last year, at 25%. The amounts are fixed once and are not adjusted to CLA increases. In this situation, the base amount for pension accrual after the job change is the new individual job salary in addition to the other employment benefits that are included when calculating the pension base. The pension entitlements accrued up to the time of the job change are regarded as dormant rights. For calculation of the old age pension the pension entitlements accrued before and after the job change are added up together. Your individual allowances and guarantees that are not included in your individual job salary, are not taken into account in this scheme.
Sample 1
Individual allowance. In case of job downgrading as referred to in Article 6.17, you are eligible for an individual allowance if you have held your job for more than three years and your current job salary exceeds the maximum of the lower job scale for the new job. The individual allowance is the difference between the former and the new individual job salary. The individual allowance will be scaled down during a period of three years. In the first year, the allowance is fixed at 100% of the difference, in the second year at 67% and in the third and last year, at
Sample 1
Individual allowance. The employee follows the rules in the agreement on individual allowances. The individual allowance is assessed once a year in the staff development interview. The individual allowance can either be in- creased or reduced in the assessment. However, the employee’s salary can never drop below the salary the employee had at the time of the transition to new forms of salary. In this connection, a shadow salary is calculated (see (9)). Pension Pension contributions are calculated from the employee’s current salary. If the employee is dismissed or otherwise declared of unsound mind, the employee receives a pension according to the shadow salary calculation. If the employee’s current salary is higher than the shadow salary, the employee will be entitled to pension benefits on the basis of his/her current salary. Members of Danske Bank’s defined benefit plan (rød tilsagn)
Sample 1
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Related to Individual allowance

  • Annual Allowance The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

  • Meal Allowance A shift worker who works a qualifying shift of eight hours or the rostered shift, whichever is the greater, and who is required to work more than one hour beyond the end of the shift (excluding any break for a meal) shall be paid a meal allowance of $7.95, or, at the option of the employer, be provided with a meal.

  • Tool Allowance (a) A tool allowance as set in the relevant Wage Tables in Appendix A per week shall be paid for all purposes to:-

  • Parental Allowance (a) An employee who has been granted parental leave without pay, shall be paid a parental allowance in accordance with the terms of the Supplemental Unemployment Benefit (SUB) Plan described in paragraphs (c) to (i), providing he or she:

  • Per Diem Allowance A per diem allowance of seven dollars and thirty-five cents ($7.35) may be claimed for each twenty-four (24) hour period while away from home.

  • Shoe Allowance The Employer will provide reimbursement to full time employees who have completed probation and who are employed in the kitchen and stewarding departments, once per year in the amount of $60.00 and once every two years in the amount of $60.00 for maintenance and banquet housepersons. The amount shall increase to $75, effective January 1, 2007. Employees will receive said amount as long as the shoes are approved by the employer and as long as the shoes are worn on the job. Payment will be made on or about July 1 upon presentation of proof of purchase.

  • Footwear Allowance The Company will reimburse full-time employees up to fifty ($50.00) dollars per year toward the cost of footwear upon presentation of a receipt. Eligible employees will receive reimbursement for footwear upon completion of six (6) months' service. Once employees have received the footwear allowance, they must wear such footwear during work hours.

  • TERMINATION ALLOWANCE In the event of closure of all or part of the Employer’s retail store, which results in the permanent lay-off of any employees, the employer agrees to pay each employee so affected, in accordance with Company policy, the following: • Less than one (1) completed year of service: according to Employment Standards (if any). • A year or more but less than five (5) completed years of service: one (1) week’s pay for each completed year of service. • More than five (5) completed years of service: five (5) weeks for the first five (5) years of service plus one and a half (1.5) weeks per completed year of service for each subsequent year up to a maximum of thirty (30) weeks in total.

  • Overtime Meal Allowance ‌ An employee who works two and one-half hours of overtime immediately before or following his/her scheduled hours of work shall receive a meal allowance of seven dollars. One-half hour with pay shall be allowed the employee in order that he/she may take a meal break either at or adjacent to his/her place of work.

  • Aid Allowance An employee who has been appointed by the Employer and trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. Xxxx's Ambulance or similar body shall be paid weekly an allowance as detailed in Appendix A. The Employer will always appoint the appropriate number of First Aid Officers as required by relevant legislation and Code of Practice.

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