PAYMENT BY THE EMPLOYER. ▪ The employer pays the annual amount for the individual budget in equal sums per payment period, deducting tax and contributions. ▪ The employer deposits the amount into the employee's account with the Time Savings Fund. This must have been effected within 14 days of the end of the payment period. ▪ The following applies to STA employees who does not participate in the Time Savings Fund. - The employer pays the amount at the same time as the salary. The pay slip shows the breakdown into Sustainable Employment, Days, and Holiday Allowance. - The employer may pay the Holiday Allowance component to such employees as a annual lump sum. In that case, the payment is then made no later than June and amounts to 8% of the salary received in the previous 12 months. Annual payment is not allowed if the employee has indicated in writing that they want to receive the allowance on a per- payment period basis.
PAYMENT BY THE EMPLOYER. The Employer shall pay all administrative and Trustee's fees and expenses, including, but not limited to, fees for legal services rendered to the Trustee (whether or not rendered in connection with a judicial or administrative proceeding). The Trustee's entitlement to reimbursement hereunder shall not be affected by the resignation or removal of the Trustee or by the termination of the Trust.
PAYMENT BY THE EMPLOYER. The Employer shall pay all administrative expenses and fees of the Trust, including the Trustee's fees and expenses. If not so paid, the fees and expenses shall be paid from the Trust.
PAYMENT BY THE EMPLOYER a) The payment of the success fee by the employer to Talentory becomes due on the date of execution of the employment contract entered into between the employer and the candidate.
