Personal historical allowances Sample Clauses

Personal historical allowances. Personal historical allowances may be used in situations where a system allowance is/has been defined for an employee; cf subsection (4f), but where the entire salary difference between the determined function-based salary and the current/previous total salary cannot be held within the maximum system allowance of 20% of the current/previous total salary. In case of an extraordinary increase in function-based salary, the personal historical allowance will be reduced/revoked before the system allowance is reduced. If the function-based salary is reduced by order of Nordea, the personal historical allowance will remain constant. If transition to another job/job description takes place at the initiative/application of the employee with grading at a lower function-based salary, the personal historical allowance will be revoked. Scaling down in accordance with the principles of section 31(6) may be agreed. Personal historical allowances are governed by collective agreement and are pensionable.
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Personal historical allowances. Personal historical allowances may be used in situations where a system allowance is/has been defined for an employee, see sub-article (4g), but where the entire salary difference between the determined function-based salary and the current/previous total salary cannot be held within the maximum system allowance of 20% of the current/previous total salary. In case of an extraordinary increase in the function-based salary, the personal historical allowance will be reduced/revoked before the system allowance is reduced.
Sample 1
Personal historical allowances. Personal historical allowances may be used in situations where a system allowance is/has been defined for an employee, see (4g), but where the entire salary difference between the determined function-based salary and the current/previous total salary cannot be held within the maximum system allowance of 20% of the current/previous total salary. In case of an extraordinary increase in the function-based salary, the personal historical allowance will be reduced/revoked before the system allowance is reduced. If the function-based salary is reduced at Nordea’s initiative, the personal historical allowance will remain unchanged.
Sample 1

Related to Personal historical allowances

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  • Cash Allowances (a) The Guaranteed Price includes cash allowances as set out in the Specifications which shall be expended as Owner directs through the Consultant by a Cash Allowance Disbursement Authorization.

  • Educational Allowance Special Preparation Bonuses Per Month Per Shift (Full-time) (Part-time)

  • TRAVEL ALLOWANCES There shall be no payments for travel expenses, travel time, subsistence allowance or other such reimbursements or special pay except as expressly set forth in this Agreement.

  • Special Allowances The Bank shall provide Executive with either the use of an automobile or an automobile allowance and either the use of a cellular telephone or a cellular telephone allowance during the Employment Period in accordance with the standard policies and practices of the Bank and consistent with that provided to Executive as of the Effective Date; provided that the allowance for a given year must be paid to the Executive not later than 2.5 months after the end of such year.

  • Meal Allowance A shift worker who works a qualifying shift of eight hours or the rostered shift, whichever is the greater, and who is required to work more than one hour beyond the end of the shift (excluding any break for a meal) shall be paid a meal allowance of $7.95, or, at the option of the employer, be provided with a meal.

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