Common use of Pay Recovery Clause in Contracts

Pay Recovery. Where an employee through no fault of his own has been overpaid, the Employer will, before recovery action is implemented, advise the employee in writing of the overpayment and of the Employers intention to recover the overpayment. Prior to said recovery, the Employer and the employee shall discuss the pay recovery and the Employer shall devise an acceptable recovery schedule. But in any case the recovery shall not be in excess of fifteen percent (15%) of the employee‘s net earnings per pay period. If more than two (2) years have passed since the overpayment, there shall be no recovery of the overpayment.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Pay Recovery. Where an employee Employee, through no fault of his own own, has been overpaid, the Employer will, before recovery action is implemented, advise the employee Employee in writing of the overpayment amount overpaid and the intention of the Employers intention Employer to recover the overpayment. Prior to said recovery, the Employer and the employee Employee shall discuss the pay recovery and the Employer shall devise an acceptable recovery schedule. But in any case the recovery shall not be in excess of fifteen percent (15%) of the employee‘s net earnings per pay period. If more than two (2) years have has passed since the overpaymentundetected overpayment was made, there the Employer shall be no recovery limited to recovering fifty percent (50%) of the overpayment.

Appears in 1 contract

Samples: First Agreement

Pay Recovery. (a) Where an employee employee, through no fault of his own own, has been overpaid, the Employer appropriate pay office will, before recovery action is implemented, advise the employee in writing of the overpayment amount overpaid and the intention of the Employers intention Employer to recover the overpayment. Prior to said recovery, the Employer and the employee shall discuss the pay recovery and the Employer shall devise an acceptable recovery schedule. But in any case If than one year has passed since the recovery undetected overpayment was made, then the Employer shall not be in excess of fifteen to recovering percent (1550%) of the employee‘s net earnings per pay periodoverpayment. If more than two (2) years have passed since the overpayment, there shall be no recovery of the overpaymentOverpayment.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Pay Recovery. Where an employee employee, through no fault of his own own, has been overpaid, the Employer will, before recovery action is implemented, advise the employee in writing of the overpayment amount overpaid and the intention of the Employers intention Employer to recover the overpayment. Prior to said recovery, the Employer and the employee shall discuss the pay recovery and the Employer shall devise an acceptable recovery schedule. But in any case If more than one (1) year has passed since the recovery undetected overpayment was made, then the Employer shall not be in excess of fifteen limited to recovering fifty percent (1550%) of the employee‘s net earnings per pay periodoverpayment. If more than two (2) years have passed since the overpayment, there shall be no recovery of the overpayment.

Appears in 1 contract

Samples: Collective Agreement

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