Common use of Payment in Lieu of Benefits Clause in Contracts

Payment in Lieu of Benefits. (a) A part-time nurse shall receive in lieu of all fringe benefits (being those benefits to a nurse, paid in whole or part by the Employer, as part of direct compensation or otherwise, save and except salary, shift premium, vacation pay, standby pay, call-back pay, reporting pay, responsibility allowance, jury or witness duty, and bereavement pay) an amount equal to thirteen percent (13%) of his/her regular straight time hourly rate for all straight time hours paid. (b) The part-time nurse's hourly rate (or straight time hourly rate) does not include the additional thirteen percent (13%) which is paid in lieu of fringe benefits and accordingly the thirteen percent (13%) add-on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments. (c) Part-time nurse who voluntarily join the Employer's pension plan shall receive nine percent (9%) in lieu of all fringe benefits as listed in 17.05 (a).

Payment in Lieu of Benefits. (a) A part-time nurse shall receive in lieu of all fringe benefits (being those benefits to a nurse, paid in whole or part by the EmployerHome, as part of direct compensation or otherwise, save and except salary, shift premium, vacation pay, standby pay, call-back pay, reporting pay, responsibility allowance, jury or witness duty, and bereavement pay) an amount equal to thirteen percent (13%) of his/her regular straight time hourly rate for all straight time hours paid. (b) The part-time nurse's hourly rate (or straight time hourly rate) does not include the additional thirteen percent (13%) which is paid in lieu of fringe benefits and accordingly the thirteen percent (13%) add-on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments. (c) Part-time nurse who voluntarily join the EmployerHome's pension plan shall receive nine percent (9%) in lieu of all fringe benefits as listed in 17.05 (a).