Medium of Wage Payment, Pay Day, and Penalties Sample Clauses

Medium of Wage Payment, Pay Day, and Penalties. (a) All wage payments shall be made by cheque, or cash evidenced by a written voucher receipted by the person to whom such cash is paid. (b) Employees’ pay cheques shall be ready no later than four o’clock p.m. (4:00 p.m.) or lunch on set of the fourth (4th) work day following the week worked. If a payday falls on a Saturday, Sunday, or holiday, payment will be made on the preceding work day. The Employer will distribute pay cheques to the Employees during their shifts that day. If, for any reason, this is not feasible, the Union and Employees involved shall be so notified by the Production Manager before the end of their shifts and advised as to the time when their pay cheques will be available. As directed by the Employee, a cheque and/or separation documents mailed to the address of the Employee, or to the Union office, within the time required, is payment hereunder. (c) ELFT will be considered with request (d) In the event of a late payment by the Company, a penalty of five (5%) percent of gross wages for that week will be paid to Employees for each day that the payment of wages is deemed to be late. The calculations will begin at 4:01 p.m. and will be compounded daily until the outstanding, including penalty, are paid. The penalty can be added to the next pay cheque for wages or paid by separate cheque. In the event of a late payment, the Company will immediately notify the Union and crew and begin immediate discussions with the Union. (e) In the event that a Variance has been accepted to extend payday to Friday at Noon at the office, the penalty calculations shall begin at 12:01 p.m. (f) Article 12.03 (c) and (d) shall not apply in the following circumstances: (a) Where the Producer has filed with the Union a bona fide dispute relating to the monies payable; (b) Where normal methods of payment are interrupted; or (c) Where the Member has not submitted his or her time sheet by the end of the work week. It being understood and agreed by the parties that nothing is to vitiate the Employer’s obligations under Part 3 of The Employment Standards Act.
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Related to Medium of Wage Payment, Pay Day, and Penalties

  • Payment of Wages (i) The contractor shall fix wage periods in respect of which wages shall be payable. (ii) No wage period shall exceed one month. (iii) The wages of every person employed as contract Labour in an establishment or by a contractor where less than one thousand such persons are employed shall be paid before the expiry of seventh day and in other cases before the expiry of tenth day after the last day of the wage period in respect of which the wages are payable. (iv) Where the employment of any worker is terminated by or on behalf of the contractor, the wages earned by him shall be paid before the expiry of the second working day from the date on which his employment is terminated. (v) All payment of wages shall be made on a working day at the work premises and during the working time and on a date notified in advance and in case the work iscompleted before the expiry of the wage period, final payment shall be made within 48 hours of the last working day. (vi) Wages due to every worker shall be paid to him direct by contractor through bank or ECS or online transfer to his Bank account. (vii) All wages shall be paid through Bank or ECS or online transfer (viii) Wages shall be paid without any deductions of any kind except those specified by the Central Government by general or special order in this behalf or permissible under the Payment of Wages Act, 1956. (ix) A notice showing the wages period and the place and time of disbursement of wagesshall be displayed at the place of work and a copy sent by the contractor to the Corporation under acknowledgment. (x) It shall be the duty of the contractor to ensure the disbursement of wages through bank account of Labour. (xi) The contractor shall obtain from the Junior Engineer or any other authorized representative of the Corporation as the case may be, a certificate under his signature at the end of the entries in the “Register of Wages” or the “Wage-cum- Muster Roll” as the case may be in the following form: “Certified that the amount shown in Column No. has been paid to the xxxxxxx concerned through his/her bank account on / / at .“

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