Percentage in Lieu of Benefits (Part-time Employees. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement, for all regular and casual part-time employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13% (b) The hourly salary rates payable to a regular or casual part-time employee include compensation in lieu of all fringe benefits which are paid to full-time employees except those specifically provided to part- time employees in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may, on a voluntary basis, enrol in the Hospitals of Ontario Pension Plan when eligible in accordance with its terms and conditions. For part-time employees who are members of the Pension Plan, the percentage in lieu of fringe benefits is 9%. It is understood and agreed that the part-time employee’s hourly rate (or straight time hourly rate) in this Agreement does not include the additional 9% or 13% as applicable which is paid in lieu of fringe benefits and accordingly the 9% or 13%, as applicable, add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Percentage in Lieu of Benefits (Part-time Employees. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement, for all regular and casual part-time employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13%
(b) The hourly salary rates payable to a regular or casual part-time employee include compensation in lieu of all fringe benefits which are paid to full-time employees except those specifically provided to part- part-time employees in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may, on a voluntary basis, enrol in the Hospitals of Ontario Pension Plan when eligible in accordance with its terms and conditions. For part-time employees who are members of the Pension Plan, the percentage in lieu of fringe benefits is 9%. It is understood and agreed that the part-time employee’s hourly rate (or straight time hourly rate) in this Agreement does not include the additional 9% or 13% as applicable which is paid in lieu of fringe benefits and accordingly the 9% or 13%, as applicable, add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments.
Appears in 1 contract
Samples: Collective Agreement
Percentage in Lieu of Benefits (Part-time Employees. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement, for all regular and casual part-part- time employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13%
(b) The hourly salary rates payable to a regular or casual part-time employee include compensation in lieu of all fringe benefits which are paid to full-time employees except those specifically provided to part- part-time employees in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may, on a voluntary basis, enrol enroll in the Hospitals of Ontario Pension Plan when eligible in accordance with its terms and conditions. For part-time employees who are members of the Pension Plan, the percentage in lieu of fringe benefits is 9%. It is understood and agreed that the part-time employee’s hourly rate (or straight time hourly rate) in this Agreement does not include the additional 9% or 13% as applicable which is paid in lieu of fringe benefits and accordingly the 9% or 13%, as applicable, add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments.
Appears in 1 contract
Samples: Collective Agreement
Percentage in Lieu of Benefits (Part-time Employees. (a) The hourly salary rates, inclusive of the percentage in lieu of fringe benefits in effect during the term of this Agreement, for all regular and casual part-part- time employees shall be those calculated in accordance with the following formula: Applicable straight time hourly rate + 13%
(b) The hourly salary rates payable to a regular or casual part-time employee include compensation in lieu of all fringe benefits which are paid to full-time employees except those specifically provided to part- part-time employees in this Agreement. It is understood and agreed that holiday pay is included within the percentage in lieu of fringe benefits. It is further understood and agreed that pension is included within the percentage in lieu of fringe benefits. Notwithstanding the foregoing, all part-time employees may, on a voluntary basis, enrol in the Hospitals of Ontario Pension Plan when eligible in accordance with its terms and conditions. For part-time employees who are members of the Pension Plan, the percentage in lieu of fringe benefits is 9%. It is understood and agreed that the part-time employee’s hourly rate (or straight time hourly rate) in this Agreement does not include the additional 9% or 13% as applicable which is paid in lieu of fringe benefits and accordingly the 9% or 13%, as applicable, add on payment in lieu of fringe benefits will not be included for the purpose of computing any premium or overtime payments.
Appears in 1 contract
Samples: Collective Agreement