PAY AND COMPENSATION Sample Clauses

PAY AND COMPENSATION. The Parties hereby agree that this internship is unpaid and that the Intern will not be compensated or paid for any services that he/she conducts at the Company. The Intern agrees that he/she will be compensated in knowledge, education and experience as consideration for the duties and responsibilities that he/she will undertake under this Agreement.
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PAY AND COMPENSATION. An employee who is required to accept the responsibilities and carry out the duties incident to a position or rank senior to that which the employee normally holds shall be paid at the rate for the senior position or rank while so acting and, if injured while on duty in such position or rank, shall be compensated for the injury at the rate for the senior position or rank.
PAY AND COMPENSATION. The Parties hereby agree that the Employer will pay the Employee an annual salary of payable semi-monthly and subject to regular deductions and withholdings as required by law. - Whereas the Parties also agree that annual salary may be increased annually by an amount as may be approved by the Employer and, upon such increase, the increased amount shall thereafter be deemed to be the annual salary for purposes of this Agreement.
PAY AND COMPENSATION. Section 1. Compensation 5 Section 2. Placement on Salary Schedule 5 Section 3. Experience Credit 6 Section 4. Payroll Deductions 7 Section 5. Pay Periods 7
PAY AND COMPENSATION. The Parties hereby agree that the Employer will pay the Employee an annual salary of ________________ payable semi-monthly and subject to regular deductions and withholdings as required by law.
PAY AND COMPENSATION. Section 1. Base Wage Schedule The Wage Schedule set forth in this article shall be effective the first full pay period after January 1, 2019, by slotting current Lieutenants at the base hourly rate of $46.60 into Step 5 and Lieutenants at the base hourly rate of $47.16 into Step 6 of the wage schedule. No Lieutenant will experience a decrease in base rate of pay due to this slotting. Thereafter, Lieutenants shall be advanced in step as of the first pay period after January 1, 2020 and January 1, 2021. Lieutenants who are topped out (2018-2021) shall receive a one-time pensionable lump sum payment of $2,700 in the first full pay period after January in 2019 and 2020. Newly promoted Lieutenants will begin on step 1 of the step schedule. If placement on step 1 does not provide a minimum of an 8.5% increase, then the newly promoted Lieutenant will be placed on the step that provides at least an 8.5% increase. Step # Lieutenant Annual Hourly 1 $ 91,052 $ 43.78 2 $ 93,742 $ 45.07 3 $ 96,431 $ 46.36 4 $ 99,121 $ 47.65 5 $ 101,810 $ 48.95 6 $ 104,500 $ 50.24 Section 2. Acting in a Higher Rank. A. Eligibility and Pay Rate Each time an employee is officially designated, by the appropriate supervisor, to act in a higher rank than the employee's permanent rank and performs said duties for an entire shift, the Lieutenant shall be paid an acting in a higher rank differential of 5% of their base hourly rate of pay. B. Proof of Claim The memo of assignment to the higher rank signed by the Captain, Deputy Chief or Chief, with start and end date identified, must be submitted to the department’s payroll unit to be included in the next applicable payroll cycle. The 5% differential would be paid as a lump sum amount on the applicable pay cycle. C. Return to Regular Hourly Rate Employees being paid at a higher rate, while temporarily filling a position in a higher rank will be returned to their regular hourly rate of pay when the period of temporary employment in the higher rank is ended.
PAY AND COMPENSATION. A. Typically, a PST member shall offer support services to employees while the PST member is on duty. B. Prior to PST members being deployed to a Critical Incident or Critical Incident debrief outside of their normal work hours, the Program Administrator will seek approval from Executive Management for the PST member to receive overtime. The Program Administrator will advise the PST member(s) of the approved hours. C. The pay/compensation will be the same as the guidelines set forth in the applicable Memorandum of Understanding for that team member. D. PST members will not be paid/compensated for being on the PST roster. If a PST member is contacted regarding a Critical Incident, the PST member has discretion and can decline assisting for that incident.
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PAY AND COMPENSATION. The Parties agrees as this is a full time job in that candidate will be financially compensated forthe duties performed at Company. Candidate also agrees that he/she will perform all their duties, assignment, projects or other related work assigned to him/her as per the instructions provided. The candidate shall be compensated with the total sum of rupees Thirty Nine thousand only (Rs.39,000) per month. Other than the amount specified for the compensation, additional bonus of rupees One thousand (Rs.1000) will be provided every month in case the Terms of Compensation is fulfilled by the candidate. In case, if there is any condition not filled then the additional bonus cannot be claimed.
PAY AND COMPENSATION. The Parties hereby agree that in recognition of Company’s financial status, with the Employee also a significant shareholder in the Company, Employee will forgo any monthly cash compensation. - Employee’s monthly cash compensation situation will be reviewed quarterly, subject to adjustment as needed. - The Parties hereby agree that the Employer will pay the Employee a special one-time bonus upon successful fund raise as result of Employee’s efforts or relationship, payable upon investor’s fund is in the bank. o The Parties agree the special one-time bonus will be up to 4% for new funding up to $250,000, and 5% for new fundings over $250,000. o New funding is defined by new funding by new investor to the Company.
PAY AND COMPENSATION. 1. The B767 shall be considered a wide‐body aircraft for the purposes of pay. The hourly rate of pay charts in Section 3 shall be amended accordingly. 2. B767 Pilots All CH earned by B767 pilots shall be paid at the wide‐body rate of pay. 3. B757 Pilots Credit hours earned by B757 pilots shall be paid at the narrow‐body rate of pay; provided, however, that in the following situations, the associated CH shall be paid at the wide‐body rate of pay: a. If a B757 pilot operates a B767 trip; b. If a pilot earns showpay for a B767 trip; c. If a pilot is removed from a B767 trip with pay by the Company (e.g., bumps, NOQ); or d. If a B757 instructor pilot in a pay only bid period performs instructor duties on a B767 trip. Example 1: A B757 pilot is awarded a trip which, at the time of assignment, is a B757 trip. When the trip blocks‐in, it actually contained a B767 flight segment and therefore became a B767 trip. The pilot is paid at the wide‐body rate of pay for the trip. Example 2: A B757 reserve pilot is assigned and operates a B767 trip. The pilot is paid at the wide‐body rate of pay for the B767 trip.
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