Payment of Annualised Salaries Sample Clauses

Payment of Annualised Salaries. Salaries, as scheduled in this agreement, are paid in equal monthly instalments throughout the year and are not relative to the shift structure an employee is rostered on to during the pay month, nor are they adjusted to reflect paid periods of leave (e.g. the taking of accrued and approved annual or sick leave). Salaries will vary from the annualised monthly allotment if an employee is absent from work on unpaid leave.
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Payment of Annualised Salaries. Managers at Salary Level MA17/MO17 and above and Regional Managers (i) The salary for Managers and RMs covers all incidents of employment and shall be annualised pursuant to clause 3.3 and shall count for superannuation purposes. No additional payments will be made nor is Time in Lieu (TIL) to be taken or paid. (ii) The annualised salary in relation to Managers and RMs is payable provided they have worked at least 161 hours per four week cycle averaged over a 12 month period, in accordance with the “ordinary hours of work” provision contained in Clause 2.5.2 other than for agreed periods of recreational, parental, maternity, adoption or long service leave. The annualised salary shall cease to be paid if for any reason the Manager/RM reverts to working the “Ordinary Hours” applicable to 35 Hour per week staff and, instead of the A or AA annualised salary, the manager will be paid at the applicable job evaluation rate contained in clause 3.4 (Maritime Officers) or 3.11 (Ministry Officers).
Sample 1
Payment of Annualised Salaries. Boating Service Officers (including SBSOs and Riverkeepers) (i) The salary for Boating Service Officers shall be annualised pursuant to clause 3.3 and
Sample 1
Payment of Annualised Salaries. Team Leaders Environmental Services (TL ES) and Environmental Service Officers (ESO's) (i) The salary for TL ES & ESOs shall be annualised pursuant to clause 3.3 and shall count for superannuation purposes. (ii) The annualised salary in relation to TL ES & ESOs is payable provided they work a rostered 12 hour day, three days on and three days off including weekends and public holidays in accordance with the “ordinary hours of work” provisions contained in Clause 2.7.2 other than for periods of approved leave. The annualised salary shall cease to be paid if for any reason the officer reverts to working a 38 hour week instead of the 12 hour day 3 days on 3 days off work roster including public holidays and special events. Instead of the AA annualised salary, the officer will be paid at the applicable Maritime Officer job evaluation rate contained in clause 3.4.
Sample 1
Payment of Annualised Salaries. Managers at Salary Level MA17A, MA17AA, MO17A, MA18A, MA18AA and MO18A
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Payment of Annualised Salaries. Boating Safety Officers (including SBSOs and Riverkeepers)
Sample 1
Payment of Annualised Salaries. Team Leaders Environmental Services (TL ES) and Environmental Service Officers (ESOs)
Sample 1
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Related to Payment of Annualised Salaries

  • Payment of Annual Leave Upon resignation, retirement, or dismissal of any employee in the bargaining unit, he/she shall receive a sum equal to the number of days of annual leave remaining to his/her credit, provided that any or all amounts may be applied to offset any amounts owed the state by the employee. In the event of death of an employee while in the bargaining unit, a sum equal to the number of days annual leave remaining shall be paid to his/her estate.

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Payment of Salaries 5.5.1 Basis of Calculation The salaries of principals shall be paid fortnightly and the gross salary for a full pay period is calculated as 14/365ths of the annual salary rate. For broken periods the calculation is the number of days due multiplied by the annual rate and divided by 365. Gross salary comprises all salary and allowances (temporary and those paid on a regular basis).

  • Payment for Unused Sick Leave (a) An employee with less than ten (10) years of FIU service who separates from FIU shall not be paid for any unused sick leave. (b) An employee who has completed ten (10) or more years of FIU service, has not been found guilty or has not admitted to being guilty of committing, aiding, or abetting any embezzlement, theft, or bribery in connection with State government, or has not been found guilty by a court of competent jurisdiction of having violated any State law against or prohibiting strikes by public employees, and separates from FIU because of retirement for other than disability reasons, termination, or death, shall be compensated at the employee's current regular hourly rate of pay for one-eighth of all unused sick leave accrued prior to October 1, 1973, plus one- fourth of all unused sick leave accrued on or after October 1, 1973; provided that one-fourth of the unused sick leave since 1973 does not exceed 480 hours. The compensation in this paragraph 8(4)(b) shall not be given to an employee who starts employment at FIU on or after July 1, 2006. (c) Upon layoff, an employee with ten (10) or more years of FIU service shall be paid for unused sick leave as described in paragraph b., above, unless the employee requests in writing that unused sick leave be retained pending re-employment. For an employee who is re-employed by the University within twelve (12) calendar months following layoff, all unused sick leave shall be restored to the employee, provided the employee requests such action in writing and repays the full amount of any lump sum leave payments received at the time of layoff. An employee who is not re- employed within twelve (12) calendar months following layoff shall be paid for sick leave in accordance with this Policy. (d) All payments for unused sick leave shall be made in lump sum and shall not be used in determining the average final compensation of an employee in any State administered retirement system. An employee shall not be carried on the payroll beyond the last official day of employment, except that an employee who is unable to perform duties because of a disability may be continued on the payroll until all sick leave is exhausted. (e) If an employee has received a lump sum payment for accrued sick leave, the employee may elect in writing, upon re-employment within 100 days, to restore the employee's accrued sick leave. Restoration will be effective upon the repayment of the full lump sum leave payment. (f) In the event of the death of an employee, payment for unused sick leave at the time of death shall be made to the employee's beneficiary, estate, or as provided by law.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if: A. Their sick leave balance at the end of the previous calendar year exceeds four hundred and eighty (480) hours; B. The converted sick leave hours do not reduce their previous calendar year sick leave balance below four hundred and eighty (480) hours; and C. They notify their payroll office by January 31st that they would like to convert their sick leave hours earned during the previous calendar year, minus any sick leave hours used during the previous year, to cash. All converted hours will be deducted from the employee’s sick leave balance.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

  • Payment of Salary Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Employee.

  • Minimum Salaries 12.1 The minimum base salary for all Bargaining Unit members shall be as follows: 12.2 The minima defined in this Article shall apply to AAUP-represented adjuncts on a pro-rated basis proportional to their percent of full- time.

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