Common use of PAYMENT OF WAGES AND ALLOWANCES Clause in Contracts

PAYMENT OF WAGES AND ALLOWANCES. Remuneration shall be paid weekly. Payment shall be by direct deposit or electronic funds transfer to a bank account nominated by the employee. On termination of an employee, the Employer shall pay any wages due within 48 hours of termination, except when a holiday or weekend intervenes. If the termination payment is not paid to the employees bank account or posted within two (2) days, waiting time beyond the two working days shall be paid at ordinary rates. The payment will be eight (8) hours per day up to a weeks pay when the right to waiting time shall terminate.

Appears in 5 contracts

Samples: Walz Marine Services Pty Limited – Abbot Point Coal Terminal Expansion Project Agreement 2008, Union Greenfields Agreement, Walz Construction Company Pty Limited – Carborough Downs Agreement

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PAYMENT OF WAGES AND ALLOWANCES. (a) Remuneration shall be paid weekly. . (b) Payment shall be by direct deposit or electronic funds transfer to a bank account nominated by the employee. . (c) On termination of an employee, the Employer shall pay any wages due within 48 hours of termination, except when a holiday or weekend intervenes. If the termination payment is not paid to the employees bank account or posted within two (2) days, waiting time beyond the two working days shall be paid at ordinary rates. The payment will be eight (8) hours per day up to a weeks pay when the right to waiting time shall terminate.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

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