Premium in Lieu of Benefits. In lieu of eligibility for the other benefits and wage premiums outlined in this Agreement, short-hour, temporary and on-call employees shall receive a premium of one dollar and twenty- five cents ($1.25) above his/her regular straight-time rate of pay.
Premium in Lieu of Benefits. In lieu of all benefits provided for in this Agreement except for shift differential, standby/callback, charge, certification, premium pay for hours worked on a holiday, clinical ladder premium pay and longevity steps, a part-time nurse may elect a fifteen percent (15%) wage differential to be effective upon completion of the probationary period. Selection must occur within the first ten (10) days of employment or annually on an open enrollment date selected by the Employer.
Premium in Lieu of Benefits. Benefit eligible employees may elect to receive a fifteen percent (15%) wage premium in lieu of all benefits (except pension contributions for eligible employees). This election must occur within the first ten (10) days of employment or change to benefits eligible status, whichever is later, or annually on dates designated in advance by the Employer, providing the employee presents the Employer with written evidence that the employee has health insurance elsewhere.
Premium in Lieu of Benefits. Short-Hour employees and PRN employees shall be eligible for a premium in lieu of benefits effective March 2, 2003, as follows: PRN employees involved in direct clinical patient care: 20% of base hourly rate PRN employees in clerical positions: 10% of base hourly rate
Premium in Lieu of Benefits. Regular full-time and part-time nurses may elect to receive a premium of fifteen percent (15%) added to the nurse's base rate according to the longevity schedule in lieu of all benefits. Supplemental part-time nurses shall be paid in accordance with the staff nurse longevity schedule plus fifteen percent (15%). This election must occur within the first ten (10) days of employment or within thirty (30) days of the signing of this Agreement, whichever is later, or annually on dates designated in advance by the Employer, providing the nurse presents the Employer with written evidence that the nurse is covered by health insurance elsewhere, and providing the application for enrollment is approved by the insurance carrier. Nurses will be given advance notice of enrollment dates. After the decision to receive either wages plus benefits or wages plus premium pay in lieu of benefits has been made by the nurse, no change in that compensation status will be allowed except as provided herein. Nurses electing this pay premium are entitled to receive the equivalent amount of time off each year as employees participating in benefits.
Premium in Lieu of Benefits. Benefit eligible (.4+FTE) nurses may elect to receive a premium of fifteen percent (15%) added to the nurse's base rate according to the longevity schedule in lieu of eligible benefits (except for shift differential, call back pay, standby pay, premium pay for work performed on contractually designated holidays). The time frame for this election will comply with benefit requirements at hire, with a change in benefit eligible status, or annually on dates designated by the Employer; provided, the nurse presents the Employer with written evidence that the employee is covered by health insurance elsewhere; and further provided the application for enrollment is approved by the insurance carrier. After the decision to receive either wages plus benefits or wages plus premium pay in lieu of benefits has been made by the nurse, no change in that compensation status will be allowed except as provided herein. A nurse electing the wage premium in lieu of benefits will be granted time off without pay in accordance with the Hospital's vacation scheduling policies, and the nurse may request unpaid time off for educational and professional meetings. Nurses electing this pay premium are entitled to receive the equivalent amount of time off each year as employees participating in benefits.
Premium in Lieu of Benefits. Regular part time employees at a .5 FTE or less may elect to receive a fifteen percent (15%) wage premium in lieu of all fringe benefits. This election must occur at the time of employment or between the dates of July 1 through July 10 in each year thereafter. For purposes of this Agreement, “fringe benefits” are defined as vacation, holidays, sick leave, insurance coverage (medical, dental, life, etc.) education, professional and emergency leave. An employee electing this wage premium will receive an adjusted benefit date if returning to benefit status in a subsequent year.
Premium in Lieu of Benefits. In lieu of all benefits except for shift differential, callback pay, standby pay, premium pay for work performed on contractually designated holidays and longevity steps, a full-time or part-time nurse may elect a fifteen percent (15%) wage premium. If the nurse is eligible for the Hospital retirement plan, the in lieu of premium shall be eleven percent (11%). This election must occur within ten (10) days of employment and, thereafter, during designated annual open enrollment periods.
Premium in Lieu of Benefits. In addition to their regular hourly rate as set in this Agreement, a part-time employee will receive in lieu of all fringe benefits (being those benefits paid to an employee in whole or in part by the Employer as part of direct compensation or otherwise, save and except salary, vacation pay, tour differential, responsibility allowance, bereavement leave, court attendance) an amount equal to thirteen percent (13.5%) effective January 1, 2020. Any retroactivity shall be payable taking into account the effective dates.
Premium in Lieu of Benefits. Benefit eligible (FTE .4 and above) employees may elect pay in lieu of benefits during their initial enrollment period and during the annual open enrollment period. Fifteen percent (15%) will be added to the employee's base pay. Employees electing pay in lieu of benefits will waive all health and welfare programs and all paid time off programs. An employee electing pay in lieu of benefits will be granted time off without pay in accordance with the Hospital's vacation schedule policy, and the employee may request unpaid time off for educational and professional meetings.
