Proration Formula Sample Clauses

Proration Formula. (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. (b) The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by nine hundred and fifty (950) and then multiplying by one hundred (100). (c) 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. (d) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. (e) When an employee is on: (i) pregnancy leave, or (ii) parental leave, or (iii) approved leave of absence in excess of thirty (30) continuous calendar days Pro-ration upon return, shall be based on the percentage (%) in effect prior to commencement of the leave. (f) Employees who regularly work more than sixty-six (66) hours bi-weekly, shall have one hundred percent (100%) of Employer portion of insured benefits paid. (g) Holiday and vacation entitlement for employees who regularly work more than sixty-six (66) hours bi-weekly but less than seventy-five (75) hours bi-weekly shall be based on provisions for employees regularly working seventy-five (75) hours. N.B. Holiday and vacation pay for employees who regularly work less than seventy-five (75) hours is as follows: Holiday Pay - based on proration formula, based on hours regularly worked – four (4) hours shift = four (4) hours pay. Vacation pay - percentage (%) of gross earnings
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Proration Formula. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a prorata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. (b) 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 100. (c) (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.) (d) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. (e) When an employee is on: (i) pregnancy leave (ii) parental leave (iii) approved leave of absence in excess of thirty (30) continuous calendar days proration upon return, shall be based on the percentage (%) in effect prior to commencement of the leave. (f) Employees who regularly work more than sixty-six (66) hours bi-weekly, shall have one hundred percent (100%) of Employer portion of insured benefits paid. (g) Holiday and vacation entitlement for employees who regularly work more than sixty-six (66) hours bi-weekly but less than seventy-five (75) hours bi-weekly shall be based on provisions for employees regularly working seventy-five (75) hours. N.B. Holiday and vacation pay for employees who regularly work less than seventy-five (75) hours is as follows: Holiday Pay - based on proration formula, based on hours regularly worked - 4 hours shift = 4 hours pay. Vacation pay - percentage (%) of gross earnings.
Proration Formula. ‌ 31.01 Pro-ration Formula: 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 pro-ration percentages shall be determined by dividing hours paid in the previous predetermined six-month period by .975, and then multiplying by 100. Effective October 1, 2006, the calculation shall be based on nine hundred and fifty (950) hours. Hours paid in calculating pro-ration formula will include W.S.I.B.: EI sick leave and W.I. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five (75) hour bi-weekly position. In this instance an employee who qualifies will immediately receive entitlement of one hundred percent (100%) of the employer's paid share of premiums, benefits and holiday pay. The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st and the recalculated pro-ration 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. 31.02 When an employee is on: (a) maternity leave, (b) adoption leave, or (c) approved leave of absence in excess of 30 continuous calendar days; pro- ration upon return, shall be based on % in effect prior to commencement of leave. 31.03 Employees who regularly work more than 66 hours bi-weekly, shall have 100 % of employer portion of insured benefits paid. 31.04 (a) Holiday and vacation entitlement for employees who regularly work more than 66 hours bi-weekly, but less than 75 hours bi-weekly, shall be based on provisions of employees regularly working 75 hours.
Proration Formula. Employees who are regularly scheduled to work less than seventy-five (75) hours in a two (2) week period, accrual and payment of all benefits including shared cost arrangements shall be on a basis. The proration percentage shall be determined by calculating the hours paid in the previous predetermined six month period as follows: Total Months Entitlement Each employee may use her entitlement to purchase any or all of the lump sum benefits, Dental, Life Insurance Hours paid calculating proration formula will include and When an employee is on:
Proration Formula. For employees who are regularly scheduled to work less than hours in a two week period, accrual and payment of all benefits including shared cost arrangements shall be on a basis. The proration percentage shall be determined by calculating the hours paid share of premiums benefits, and holiday pay as follows: Total Months Entitlement Each employee may use her entitlement to purchase any or of the lump sum benefits, Dental, Life Insurance. Hours paid in calculating proration formula will include and paid sick leave. When an employee is on:
Proration Formula. 01Proration Formula: 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 percentages shall be determined by dividing hours paid in the previous predetermined six-month period by .950 Hours paid in calculating proration formula will include W.S.I.B., W.I. and EI sick leave. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five
Proration Formula. 34.01 Pro-ration Formula: 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 pro-ration percentages shall be determined by dividing hours paid in the previous predetermined six-month period by .975, and then multiplying by 100. Effective October 1, 2006, the calculation shall be based on nine hundred and fifty (950) hours. Hours paid in calculating pro-ration formula will include W.S.I.B.: EI sick leave and W.I. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five (75) hour bi-weekly position. In this instance an employee who qualifies will immediately receive entitlement of one hundred percent (100%) of the employer's paid share of premiums, benefits and holiday pay. The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st and the recalculated pro-ration 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. 34.02 When an employee is on: (b) adoption leave, or
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Proration Formula. 35.01 Proration Formula: 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 predetermined six(6) months period shall coincide with the pay period ending around June 3oth and December 31st and the recalculated proration percentage where applicable shall apply in July for the pay period ending around June 30 and January for the pay periods ending around December 31. (a) Where the calculation of pro ration is determined by dividing the hours paid in the previous predetermined six (6) month period by .975 and then multiplying by 1 00. Effective October 1, 2006, the calculation shall be based on nine hundred and fifty (.950) hours. (b) Hours paid in calculating pro ration formula will include WSIB and W.I. and E.I.
Proration Formula. 38.01 Proration Formula: 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 predetermined six(6) months period shall coincide with the pay period ending around June 30th and December 31st and the recalculated proration percentage where applicable shall apply in July for the pay period ending around June 30 and January for the pay periods ending around December 31. (a) Where the calculation of pro ration is determined by dividing the hours paid in the previous predetermined six (6) month period by .975 and then multiplying by 100. Effective October 1, 2006, the calculation shall be based on nine hundred and fifty (.950) hours. (b) Hours paid in calculating pro ration formula will include WSIB and W.I. and E.I. sick leave. (c) The employer shall continue to pay premiums for benefit plans for employees during the first two (2) weeks of sick leave and who are on a paid leave of absence (Weekly indemnity, E.I. sick leave or W.S.I.B. benefits), provided the employee contributes her share. (d) It is understood that the obligation of the Employer to pay the aforesaid benefits shall continue only so long as the employment relationship between the Employer and employee continues. (e) The employees’ share of the Employer’s Employment Insurance premium reduction will be retained by the Employer towards offsetting the cost of the benefits contained in this Agreement. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five (75) hour bi-weekly position. In this instance an employee who qualifies will immediately receive entitlement of one hundred percent (100%) of the employer's paid share of premiums, benefits and holiday pay. 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. 38.02 When an employee is on: (a) maternity leave, (b) adoption leave, or (c) approved leave of absence in excess of 30 continuous calendar days; proration upon return, shall be based on the percentage (%) in effect prior to commencement of leave. 38.03 Employees who regularly work more than sixty six (66) hours bi-weekly, shall h...
Proration Formula. Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees be on a pro rata basis of hours regularly worked in relation to (75) hours The calculation of proration percentages shall be determined by dividing hours paid the previous predetermined six month period by Hours paid in calculating proration formula will include and The only exception to this calculation will be an employee who successfully bids or otherwise obtains a five (75) hour position. In this instance an employee who qualifies will immediately receive entitlement of one hundred percent (100%) of the employer's paid share of premiums, benefits and holiday pay, and February for the pay period ending around When an employee on:
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