Power Tool Allowance Sample Clauses
The Power Tool Allowance clause establishes the terms under which workers or contractors are compensated for the use or purchase of power tools required for a job. Typically, this clause specifies the types of tools covered, the amount or method of reimbursement, and any conditions for eligibility, such as proof of purchase or tool ownership. Its core function is to ensure that individuals are not financially burdened by the need to supply their own equipment, thereby promoting fairness and clarity in the allocation of costs related to necessary tools.
Power Tool Allowance. 3.1 Employees will be paid an hourly Power Tool Allowance as follows:
Power Tool Allowance. Where an employee is specifically required to supply their own power tools (maximum of three commercial quality power tools plus three leads) by the company, the company will be responsible for all consumables and tagging and will replace all stolen tools if in an employer lock up. In addition the company will pay the following applicable rate per hour. 9/01/06 3/07/06 8/01/07 2/07/07 7/01/08 7/07/08 $0.50 $0.52 $0.53 $0.54 $0.55 $0.56 Where the company requires the employee to lend a power tool to another employee, the company is deemed to have taken ownership of the tool and will replace the tool with a new tool of the same brand and model or an agreed alternative. This allowance shall not apply to employees engaged on the following projects: - Festival Towers - Project Phoenix - ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇