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.
Proration Formula. Employees who are regularly scheduled to work less than seventy-five (75) 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 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, i.e. Dental, Life Insurance. Hours paid in calculating proration formula will include and When an employee is on:
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.
Proration Formula. Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a basis of hours regularly worked in relation to seventy-five (75) hours The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six month period by and then multiplying by The predetermined six month period shall coincide with the posting of the seniority list. Hours paid in calculating proration formula will include and Park Retirement Community Nursing Home CAW Local -Full-time Bargaining Unit February -January When an employee is on:
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.
Proration Formula. 33.01Proration 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. 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. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by 950and then multiplying by 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:
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, The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 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 When an employee on:
Proration Formula. For 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 share of premiums benefits, and holiday pay 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 in calculating proration formula will include Workers' Compensation and paid sick leave. When an employee is on:
Proration Formula. If SLC’s Average Actual Performance is less than one hundred percent (100%) of the Performance Commitments, SLC’s Incentive will be adjusted proportionately by multiplying the Incentive by the Percentage of Actual Performance. The resulting number will then be subtracted from the Incentive to determine what amount the Incentive for the applicable period. Average Actual Performance Formula The Average Actual Performance shall be determined by the following formula Actual Direct Investment = Percentage of Committed Direct Investment Direct Investment Committment Actual Jobs = Percentage of Committed Jobs Created Jobs Committment Example A B C D E F G H I J K Year Actual Direct Investment Direct Investment Committment Percentage of Committed Direct Investment (B / C) Direct Investment Incentive Investment Incentive Amount (D * E) Actual Jobs Jobs Commitment Percentage of Committed Jobs (G / H) Jobs Incentive Job Incentive Amount (I * J) 2022 $2,000,000 $3,000,000 66.6% $50,000.00 $33,333.33 150 171 87.7% $50,000.00 $43,859.65 SIGNATURE PAGE 1 OF 2 TO INCENTIVE AGREEMENT BETWEEN SLC CO., and BUNCOMBE COUNTY
