Common use of Permanent Part-Time Employee Proration Formula Benefits Clause in Contracts

Permanent Part-Time Employee Proration Formula Benefits. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro-rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by 950 and then multiplying by one hundred (100). (The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st and the recalculated proration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. When an employee is on:

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Permanent Part-Time Employee Proration Formula Benefits. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro-rata prorata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by 950 and then multiplying by one hundred (100). (The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st and the recalculated proration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. When an employee is on:

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Permanent Part-Time Employee Proration Formula Benefits. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro-rata prorata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by 950 and then multiplying by one hundred (100). (The predetermined six (6) month months period shall coincide with the pay period ending around June 30th and December 31st 31st, and the recalculated proration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. When an employee is on:

Appears in 1 contract

Samples: Service Employees

Permanent Part-Time Employee Proration Formula Benefits. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro-rata prorata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) six-month period by 950 and then multiplying by one hundred (100). (The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st 31st, and the recalculated proration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. When an employee is on:

Appears in 1 contract

Samples: Collective Agreement

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Permanent Part-Time Employee Proration Formula Benefits. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro-rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by 950 and then multiplying by one hundred (100). (( The predetermined six (6) month period shall coincide with the pay period ending around June 30th 3oth and December 31st and the recalculated proration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. When an employee is on:

Appears in 1 contract

Samples: Service Employees

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