Common use of Pay Practices Clause in Contracts

Pay Practices. A. All employees shall be paid biweekly on the same day, and all adjustments shall be on that basis. In the event this day is a holiday, the preceding day shall be the payday. A payroll period shall be defined for the purpose of this Agreement as the two (2) weeks for which biweekly paychecks are issued. B. Whenever an employee is absent from work and is not entitled to wages under the provisions of this Agreement, that time shall be deducted at the hourly rate in effect C. Payroll periods shall be scheduled so that there shall be a ten (10) day holdback of pay in order that adjustments due to absences may be made before paychecks are issued. An employee shall not be entitled to wages, allowances, or benefits, unless specifically provided for elsewhere in this Agreement if that employee is not assigned to work that day. It is recognized that to comply with the Fair Labor Standards Act, a five (5) or ten (10) day payroll holdback may be required. Such implementation shall be accomplished only after consultation with the Union. D. The pay stubs will show the regular and overtime hours worked in a pay period.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!