Reconciliation of Hours Sample Clauses

Reconciliation of Hours. At the conclusion of each year, a reconciliation of actual versus required hours worked will be conducted for all members participating in the job sharing arrangement. The member will be advised in writing of the required adjustment and will make an election as to which bank, compensation or vacation time, any deficit will be deducted. Any required adjustment of hours will be made from the members' compensation or vacation time banks on a straight time basis. If there are insufficient hours in these banks any overpayment will be recovered by deduction from the member's bi-weekly salary. Members will be compensated for any surplus hours in accordance with the Collective Agreement.
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Reconciliation of Hours. On December 31st of each year, the balance, if any, in each participating member’s ZBA bank reflecting the variance between the member’s hours worked and hours paid as at the date of his/her last permanent change in schedule, shall be reconciled.
Reconciliation of Hours. Each year in following the final pay period of the year, employees who have accrued vacation hours in excess of the maximum allowable accumulation will have their accrued vacation hours adjusted to an amount not to exceed the allowable accumulation. All hours exceeding the allowable accumulation will be forfeited at that time. The actual reconciliation date will coincide with the final day of the payroll year. Length of Service (As of January 1) Vacation Credit Less than five years 3.08 hours per pay period (136 hrs. max accumulation) (17 days) After five years, but less 5.231 hours per pay period than ten years (192 hrs. max accumulation) (24 days) After ten years, but less 5.539 hours per pay period than fifteen years (208 hrs. max accumulation) (26 days) After fifteen years, but less 6.154 hours per pay period than twenty years (224 hrs. max accumulation) (28 days) After twenty years or more 7.077 hours per pay period (240 hrs. max accumulation) (30 days)
Reconciliation of Hours. 9.1. At the end of the anniversary year, the employees bank will be reconciled and any hours in the bank which are minus will be written off by the Company, providing the criteria set out in Appendix 2 below is adhered to.
Reconciliation of Hours. At the conclusion of each year, a reconciliation of actual versus required hours worked will be conducted for all members participating in the job sharing arrangement. The member will be advised in writing of the required adjustment and will make an election as to which bank, compensation or vacation time, any deficit will be deducted. Any required adjustment of hours will be made from the members’ compensation or vacation time banks on a straight time basis. If there are insufficient hours in these banks any overpayment will be recovered by deduction from the member’s salary. Members will be compensated for any surplus hours in accordance with the Collective Agreement, Vacation Each member will earn vacation credits at the rate of of their normal entitlement, with a further pro-ration of the credit in respect of the actual period worked in the job sharing arrangement. Pension Pension contributions and credits shall be adjusted in accordance with Regulations. Court Time Payment for court time will be made as it applies to each member’s schedule. Members are required to notify the Court Bureau of their new work schedule and where possible set court for the days they are working day shift. If they are required to attend court on a day other than their scheduled day shift, then overtime would apply as per the Collective Agreement. In the event that a Job Share member is required to attend Court or return to duty on any occasion during their annual vacation, then the provisions Article shall apply. Call-back If call-back situations arise, the on-duty supervisor will call in the next job share member scheduled to work. Provisions of the Collective Agreement will apply. Injured on DutyNet Pay” for the purposes of Article shall mean of the net pay of the member’s full time position. Income Replacement Plan All entitlements under the Income Replacement Plans including Long Term Disability, shall be of those received by the member in their full time position, Welfare Benefits For Group Life and Accidental Death and Dismemberment Insurance, the “Principal Sum” shall be of the member’s full time salary (i.e. two times and If a job share member elects to participate in the Extended Health Care and Dental Plans, then the member and the Board shall each pay of the cost of the applicable monthly premiums; and Benefit eligibility and entitlement is subject to the rules and regulations of the benefit plans and the benefit contract between the Police Services Board and th...
Reconciliation of Hours. Hours worked by an Employee will be reconciled against their averaged 38 hours per week over the Roster Cycle to ensure hours of work do not exceed 608 during the 16-week period. Where an Employee has exceeded 608 hours in a 16-week period, the excess hours will be deemed and paid in addition to the Annualised Salary as overtime.
Reconciliation of Hours. At the conclusion of the one year period, a reconciliation of actual versus required hours worked will be conducted for all members participating in the job sharing arrangement. Any required adjustment of hours will be made from or to the members' compensation or vacation time banks on a straight time basis. If there are insufficient hours in these banks any overpayment will be recovered by deduction from the member's salary.
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Reconciliation of Hours. 30.1 Actual hours worked and Master Roster hours are reconciled every four weeks.

Related to Reconciliation of Hours

  • Reconciliation In the event that the Corporate Taxpayer and a Member are unable to resolve a disagreement with respect to the matters governed by Sections 2.03, 3.01(b), 4.02 and 6.02 within the relevant period designated in this Agreement (“Reconciliation Dispute”), the Reconciliation Dispute shall be submitted for determination to a nationally recognized expert (the “Expert”) in the particular area of disagreement mutually acceptable to both parties. The Expert shall be a partner or principal in a nationally recognized accounting or law firm, and unless the Corporate Taxpayer and such Member agree otherwise, the Expert shall not, and the firm that employs the Expert shall not, have any material relationship with the Corporate Taxpayer or such Member or other actual or potential conflict of interest. If the parties are unable to agree on an Expert within fifteen (15) calendar days of receipt by the respondent(s) of written notice of a Reconciliation Dispute, the Expert shall be appointed by the International Chamber of Commerce Centre for Expertise. The Expert shall resolve any matter relating to the Exchange Basis Schedule or an amendment thereto or the Early Termination Schedule or an amendment thereto within thirty (30) calendar days and shall resolve any matter relating to a Tax Benefit Schedule or an amendment thereto within fifteen (15) calendar days or as soon thereafter as is reasonably practicable, in each case after the matter has been submitted to the Expert for resolution. Notwithstanding the preceding sentence, if the matter is not resolved before any payment that is the subject of a disagreement would be due (in the absence of such disagreement) or any Tax Return reflecting the subject of a disagreement is due, the undisputed amount shall be paid on the date prescribed by this Agreement and such Tax Return may be filed as prepared by the Corporate Taxpayer, subject to adjustment or amendment upon resolution. The costs and expenses relating to the engagement of such Expert or amending any Tax Return shall be borne by the Corporate Taxpayer, except as provided in the next sentence. The Corporate Taxpayer and such Member shall bear their own costs and expenses of such proceeding, unless (i) the Expert substantially adopts such Member’s position, in which case the Corporate Taxpayer shall reimburse such Member for any reasonable out-of-pocket costs and expenses in such proceeding, or (ii) the Expert substantially adopts the Corporate Taxpayer’s position, in which case such Member shall reimburse the Corporate Taxpayer for any reasonable out-of-pocket costs and expenses in such proceeding. Any dispute as to whether a dispute is a Reconciliation Dispute within the meaning of this Section 7.09 shall be decided by the Expert. The Expert shall finally determine any Reconciliation Dispute and the determinations of the Expert pursuant to this Section 7.09 shall be binding on the Corporate Taxpayer and such Member and may be entered and enforced in any court having jurisdiction.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

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