Common use of Parental Leave Compensation Clause in Contracts

Parental Leave Compensation. Where an employee chooses to serve the two (2) week waiting period under the Canada Employment Insurance Act before receiving benefits under the Act, she/he will receive for the first two weeks, payments equivalent to 100% of the actual weekly rate of pay that he or she was receiving on the last day worked prior to the start of the leave; and, Up to a maximum of fifteen (15) additional weeks, payment equivalent to the difference between the sum of weekly Employment Insurance (EI) benefits that the employee is eligible to receive and any other earnings received by the employee and ninety three (93%) percent of the actual weekly rate of pay which he or she was receiving on the last day worked prior to the commencement of the leave. The employee shall receive any scheduled progression on the wage grid or amended wages upon their return.

Parental Leave Compensation. Where an employee chooses to serve the two (2) week waiting period under the Canada Employment Insurance Act before receiving benefits under the Act, she/he will receive for the first two weeks, payments equivalent to 100% of the actual weekly rate of pay that he or she was receiving on the last day worked prior to the start of the leave; and, Up to a maximum of fifteen (15) additional weeks, payment equivalent to the difference between the sum of weekly Employment Insurance (EI) benefits that the employee is eligible to receive and any other earnings received by the employee and ninety three (93%) percent of the actual weekly rate of pay which he or she was receiving on the last day worked prior to the commencement of the leave. The employee shall receive any scheduled progression on the wage grid or amended wages upon their return. Employees returning to work from parental leave will return to their previous job position and base held at the time of their leave.