Common use of Northern Allowance Clause in Contracts

Northern Allowance. 49.01 All employees shall be paid a Northern Allowance. This allowance shall be based upon an annual amount, and shall be divided by 2080 for employees whose normal hours of work are eight (8) per day; and by 1950 for employees whose normal hours of work are seven and one-half (7½) per day. The Northern Allowance shall be paid on all hours paid to a maximum of the employee's regularly scheduled hours of work biweekly. 49.02 Effective April 1, 2014 the Northern Allowance shall be based on $24,225 per year. Effective April 1, 2015 the Northern Allowance shall be based on $24,831 per year. Effective April 1, 2016 the Northern Allowance shall be based on $25,452 per year. Effective April 1, 2017 the Northern Allowance shall be based on $26,152 per year. 49.03 Twelve Thousand Dollars ($12,000) of an employee's Northern Allowance shall be designated as a travel allowance pursuant to the Income Tax Act. 49.04 Employees receiving the Northern Allowance and with at least one (1) year of continuous employment may elect to receive up to Twelve Thousand Dollars ($12,000) from the annual amount of Northern Allowance in a lump sum payment, provided that they have given written notice to the Employer on or before April 1st of the applicable year. The Employer shall provide each employee with a lump sum payment election form before February 15th of each year. Where an employee elects to receive such lump sum payment, the employee's hourly rate for Northern Allowance, calculated in Article 49.01, shall be adjusted by subtracting the amount of the lump sum payment from the annual amount of Northern Allowance. 49.05 This lump sum payment shall be paid on a separate cheque on a date requested by the employee. 49.06 Any unpaid lump sum payment election of Northern Allowance shall be paid out on termination of the employee's employment or in the event of the employee's death.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Northern Allowance. 49.01 All employees shall be paid a Northern Allowance. This allowance shall be based upon an annual amount, and shall be divided by 2080 for employees whose normal hours of work are eight (8) per day; and by 1950 for employees whose normal hours of work are seven and one-half (7½) per day. The Northern Allowance shall be paid on all hours paid to a maximum of the employee's regularly scheduled hours of work biweekly. 49.02 Effective April 1, 2014 2018 the Northern Allowance shall be based on $24,225 27,152 per year. Effective April 1, 2015 2019 the Northern Allowance shall be based on $24,831 27,652 per year. Effective April 1, 2016 2020 the Northern Allowance shall be based on $25,452 28,402 per year. Effective April 1, 2017 2021 the Northern Allowance shall be based on $26,152 per yearthe GN rates for Resolute Bay. 49.03 Twelve Thousand Dollars ($12,000) of an employee's Northern Allowance shall be designated as a travel allowance pursuant to the Income Tax Act. 49.04 Employees receiving the Northern Allowance and with at least one (1) year of continuous employment may elect to receive up to Twelve Thousand Dollars ($12,000) from the annual amount of Northern Allowance in a lump sum payment, at the end of the fiscal year, provided that they have given written notice to the Employer on or before April 1st of the applicable year. The Employer shall provide each employee with a lump sum payment election form before February 15th of each year. Where an employee elects to receive such lump sum payment, the employee's hourly rate for Northern Allowance, calculated in Article 49.01, shall be adjusted by subtracting the amount of the lump sum payment from the annual amount of Northern Allowance. 49.05 This lump sum payment shall be paid on a separate cheque on a date requested by the employee. 49.06 Any unpaid lump sum payment election of Northern Allowance shall be paid out on termination of the employee's employment or in the event of the employee's death.

Appears in 1 contract

Samples: Collective Agreement

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Northern Allowance. 49.01 All employees shall be paid a Northern Allowance. This allowance shall be based upon an annual amount, and shall be divided by 2080 for employees whose normal hours of work are eight (8) per day; and by 1950 for employees whose normal hours of work are seven and one-half (7½) per day. The Northern Allowance shall be paid on all hours paid to a maximum of the employee's regularly scheduled hours of work biweekly. 49.02 Effective April 1, 2014 the Northern Allowance shall be based on $24,225 per year. Effective April 1, 2015 the Northern Allowance shall be based on $24,831 per year. Effective April 1, 2016 the Northern Allowance shall be based on $25,452 per year. Effective April 1, 2017 the Northern Allowance shall be based on $26,152 per year. 49.03 Twelve Thousand Dollars ($12,000) of an employee's Northern Allowance shall be designated as a travel allowance pursuant to the Income Tax Act. 49.04 Employees receiving the Northern Allowance and with at least one (1) year of continuous employment may elect to receive up to Twelve Thousand Dollars ($12,000) from the annual amount of Northern Allowance in a lump sum payment, provided that they have given written notice to the Employer on or before April 1st of the applicable year. The Employer shall provide each employee with a lump sum payment election form before February 15th of each year. Where an employee elects to receive such lump sum payment, the employee's hourly rate for Northern Allowance, calculated in Article 49.01, shall be adjusted by subtracting the amount of the lump sum payment from the annual amount of Northern Allowance. 49.05 This lump sum payment shall be paid on a separate cheque on a date requested by the employee. 49.06 Any unpaid lump sum payment election of Northern Allowance shall be paid out on termination of the employee's employment or in the event of the employee's death.

Appears in 1 contract

Samples: Collective Agreement

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