License Premium Sample Clauses

License Premium. (1) Employees in the Maintenance Control Technician classification will receive the following license premium for holding both FAA Airframe and FAA Power Plant Licenses: (a) Effective March 01, 2003, the employee will receive $5.00 per hour. (2) Effective March 01, 2001 License premium pay will be compounded in the computation of overtime rates and for those employees retiring, license premium pay will be included in the pensionable earnings of those employees.
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License Premium. Employees assigned to a job classification which requires a license as a condition of employment, shall receive an hourly premium for the required license in accordance with the following: 7/1/ 2022 Chief's License $1.50 1st Class License $1.35 2nd Class License $1.20 Certified Pool Operators License $0.90 Special License at Liberty Ridge Site 2 $0.50 Employees of record on July 24, 1986, shall not lose license pay as a result of the foregoing unless they voluntarily bid for and are awarded a job requiring a lower license.
License Premium. In the event an employee receives a Marriage Family Therapist (MFT) or Licensed Clinical Social Worker (LCSW) license, the employee will receive two (2) dollars an hour more on an hourly basis. This increase will take effect upon ratification of the Agreement, and will be available for all unlicensed staff currently employed or newly hired unlicensed staff.
License Premium. A license premium shall be paid to eligible employees in the Utilities Department. The premiums shall be paid for the highest license held by the employee: S-4 $400 S-3 $700 S-2 & Above $1,100 The License Premium shall be paid annually during the month of December. It will be prorated for the months worked while holding the license in the Utilities Department for the calendar year. If an employee is on layoff or leave of absence for thirty (30) days or more, the license premium will be prorated. Any employee having a license who is no longer in the classification on December 1st of the calendar year, or who is no longer an employee on the date the premium is paid, shall not receive any part of the year. An employee qualifying for and receiving the initial license during the year shall have the license premium prorated from the date of examination based on 1/12th of the premium for each month from the date the employee earned the license. Any employee holding the classification of Field Tech II, or higher, must have a S-4 license within eighteen (18) months from the date of becoming a Field Tech II, or the date of this agreement, whichever is later.
License Premium. Effective August 1, 1999: $1.00 per license. Effective August 1, 2000: $1.50 per license.
License Premium. It is the understanding by both Parties that a Provincial Class 3Q Driver’s License (which includes an airbrake endorsement) is no longer a requirement by the Company, however any employee that was receiving the twenty- five cents ($0.25) per hour 3Q license premium prior to May 3rd, 2022 will continue to receive said premium, which will be added to the base rate throughout the life of this Agreement. SIGNED THIS DAY OF 2022
License Premium. License premiums shall be as follows: S-3 / X-0 / X $0000 X-0 / X-0 / X $1250 S-1 / F-1 / A $1500 (a) The license premium shall be paid annually the first pay day in December as a part of their regular payroll check. It is understood that the license premiums for the Water Plant (i.e. F1, 2, 3, or 4) apply to Water Plant employees only, Waste-Water Plant licenses (i.e. A, B, C, or D) apply to Waste-Water employees only, and O & M licenses (i.e. S1, 2, 3, or 4) apply to O & M employees only. License premiums will be paid based upon the license held on the first pay day in December. Employees passing their exam in November will be paid the difference between the previous license held and the new license during the earliest possible payroll period after being notified of passing the exam. All licenses for the above-named departments must be obtained within 3 test cycles after qualifying to take the exam (i.e. Employees will only be afforded 3 opportunities to pass the exam). Failure to obtain such license within 3 test cycles will result in loss of employment. (b) Any employee having a license(s) who leaves during the year, including leaving the classification, and is not a regular employee as of the first pay period in December shall not receive any part of the premium pay. (c) A retiring employee shall not be under provisions of Section 3(b) of License Premiums and shall receive any earned License Premium pro-rated to the date of his retirement on a calendar year basis. (d) It is understood that the license premium only applies while the employee with the license is working in the classification of plant operator, Mechanic relief operator, Plant Mechanic, or O & M Operator III & IV.
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Related to License Premium

  • Shift Premium Full-Time and Part-Time Employees shall be paid a shift premium of one dollar ($1.00) per hour for all hours worked where the majority of their scheduled hours fall between 1500 and 0700 hours.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

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