on wages. THE INSURANCE UNDER ITEM NO. 1 is limited to loss in respect of Wages and the amount payable as indemnity thereunder shall be:
on wages. THE INSURANCE UNDER ITEM NO. 1 is limited to loss in respect of WAGES due to (a) Reduction in Turnover and (b) Increased in Cost of Working, and the amount payable as indemnity thereunder shall be:
on wages. THE INSURANCE UNDER ITEM NO. 1 is limited to loss incurred by the insured by the payment of Wages for a period beginning with the occurrence of the damage and ending not later than the Indemnity Period. The amount payable as indemnity under this item shall be the actual amount which the insured shall pay as wages for such period to employees whose services cannot in consequence of the damage be utilised by the insured at all and an equitable part of the wages paid for such period to employees whose services cannot in consequence of the damage be utilised by the insured to the full: Provided that if the sum insured by this item be less than the aggregate amount of the wages that would have been paid during the Maximum Indemnity Period immediately following the damage had the damage not occurred the amount payable shall be proportionately reduced.
on wages. Par. 1, Article 1 has been amended to reflect the following phrasing: “From the entry into force of this Agreeement, employees working under this Agreement receive wages according to the VR/LÍV wage table for employees of leisure and tourism service companies, although seniority according to the wage table is in all cases based on length of service in the job to which this special collective wage agreement applies. If an employee enters such a job after having held a different position within Icelandair, their work experience is evaluated as 1 year, if they have completed that length of service with Icelandair.” The adoption of a new wage table shall ensure that an employee working at the time of this Agreement’s entry into force receives a minimum increase of 23,750 ISK. per month for daytime work. Supervisory wage supplements are subject to general wage amendments during the period of validity of this Agreement. After the words “...of computers and equipment” in the provision regarding supervisory duties, a new sentence replaces the current text: “The person acting in a supervisory capacity must follow updates to procedures and other important information concerning the job outside of fixed working hours.”
on wages. Par. 2, Article 1.2.2. has been amended to reflect the following phrasing (change underlined): If wages at workplaces where the working hours are determined by (opening hours) are determined as aggregate wages for the worker’s total work contribution, an estimate of the work contribution on which the aggregate wages are based shall be stated, together with the average number of paid hours of overtime work each month or other factors involved in the wage structure, as appropriate. In the event of a change in the worker’s work contribution or in the worker’s job which conceivably changes the basis of the worker’s terms of employment, his wages and wage structure shall be reviewed, taking into account the relevant changes, should either party consider there to be reason to do so. The same applies if an employee completes vocational training in trade and services or receives confirmation of these qualifications in the form of a professional certificate. Likewise, the employer shall verify the current structure of an employee’s overall terms of employment, and should the employee so request, his terms of employment shall be assessed in a comprehensive manner if they are found to be lesser than those stipulated in the Agreement.
