Payroll Failures. Where there have been recent instances of payroll failures by an Employer affecting employees under the terms of this Agreement, the Union shall have the right to require that Employer to provide proof of financial responsibility or require that payment of wages and other payroll requirements be by cash or certified cheque paid weekly.
Payroll Failures. Where there have been instances of payroll failures by the Employer, Principals or Directors, to meet payroll requirements, the Union shall have the right to:
Payroll Failures. Where there have been recent instances of payroll failures by an Employer affecting Employees under the terms of this Agreement, the Union shall have the right to require that Employer to provide proof of financial responsibility or require that payment of wages and other payroll requirements be by cash or certified cheque paid weekly. In the event payment is not made in accordance with the time frames set out in clauses and of this article, the Employee shall be paid a late remittance amount of two (2) hours at the applicable basic hourly rate of pay for each twenty four (24) hour period of delay. Such intervals shall only be deemed to include working days and shall remain exclusive of weekends and holidays. It is understood, however, that extenuating circumstances can arise, and that despite all good faith efforts and for reasons beyond the control of the Employer, payments may be delayed. such cases the onus shall be on the Employer to the Union, prior to the time by which the cheque is required to be available or required to be post marked, of the details of such circumstances. In such cases the payment of the late remittance amount shall be waived. No payment for waiting time shall be applicable when a clerical mathematical error is made in calculating monies due as stated under Carpenters Page.. Articles or Corrections of one day's pay or less will be made in the next pay period following the Employer being informed of the error. Cheques issued pursuant to the application of Article will be sent by registered mail, priority post, or courier.
