MONETARY BENEFITS Clause Samples
The MONETARY BENEFITS clause defines the financial advantages, payments, or compensation that one party is entitled to receive under the agreement. This clause typically outlines the types of monetary benefits covered, such as bonuses, profit-sharing, commissions, or other forms of financial incentives, and may specify the conditions or performance metrics required to earn them. Its core practical function is to clearly establish the financial entitlements and expectations of the parties, thereby reducing ambiguity and potential disputes regarding compensation.
MONETARY BENEFITS. TIME WORKED
MONETARY BENEFITS. TIME NOT WORKED
MONETARY BENEFITS. Health Benefit, Prescription Drug Program, Dental Care Program, Eye Care Program, Life Insurance, Pension, Disability, Parking, Tuition Refund
MONETARY BENEFITS. Time Not Worked 23
MONETARY BENEFITS. Time Worked
MONETARY BENEFITS. HEALTH BENEFITS, PRESCRIPTION DRUG PROGRAM, DENTAL CARE PROGRAM, LIFE INSURANCE AND PENSION:
MONETARY BENEFITS. 30.1 Frequency of payment will continue as heretofore. If the employer chooses to change the frequency of payment, the employer shall notify the union and the union shall have the right to bargain over the impact of such change. All paychecks shall be delivered in envelopes or other means of assuring confidentiality. Pay stubs will clearly identify specific hours worked and compensated, and entitled rates. The pay stub shall contain accrued unused benefit time.
30.2 When an error in pay has been made, the employer will issue a check with the correction within twenty-four (24) hours if the error is equal to or greater than eight (8) hours pay and within seventy-two (72) hours for errors involving lesser amounts. Such check will have the proper payroll deductions made.
30.3 Salary increases that may be delayed by the payroll cycle will be paid retroactively to the scheduled effective date and included in the next paycheck.
MONETARY BENEFITS. Compensation for Time Worked 16
MONETARY BENEFITS. TIME WORKED 6.01
MONETARY BENEFITS. The Client acknowledges that the Company or any person connected with it may receive Monetary Benefits from brokers, product issuers or other third parties.