PAY EVERY TWO WEEKS Sample Clauses
The "Pay Every Two Weeks" clause establishes a regular payment schedule, requiring that payments be made to the relevant party on a biweekly basis. In practice, this means that employees or contractors receive their wages or fees every two weeks, rather than monthly or at the end of a project. This arrangement provides predictable cash flow for recipients and helps both parties manage their finances more effectively, reducing uncertainty and potential disputes over payment timing.
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PAY EVERY TWO WEEKS. The Railway, in cooperation with the Union, has established the pay period for all employees on the basis of every two (2) weeks. Pay periods will cover fourteen (14) consecutive calendar days and PAY DAY is designated as every second Friday. Except in unforeseen circumstances cheques will be made available to employees any time after 0001 on payday.
PAY EVERY TWO WEEKS. 3.1 Employees will be paid biweekly every second Thursday, by direct deposit.
3.2 All overtime earned shall be shown including bank time and vacation time as a separate item on the pay summary of employees.