Common use of Retroactive conversion Clause in Contracts

Retroactive conversion. In cases where this salary agreement is applied retroactively, the following applies to sick pay deductions etc., deductions for leave of absence and overtime payments made. Sick pay deductions etc. shall be converted individually as follows: Sick pay deductions up to and including the 14th calendar day shall be converted retroactively. There shall be no retroactive conversion for sick pay deductions as from the 15th calendar day, other than where the salary increase was taken into consideration in determining the sickness benefit. Deductions for leave of absence shall be converted retroactively. Conversion shall take place on an individual basis. Overtime payments shall be converted retroactively. Conversion shall take place on an individual basis.

Appears in 2 contracts

Samples: Salary Agreement, Salary Agreement

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Retroactive conversion. In cases where this salary agreement is applied retroactively, the following applies to sick pay deductions etc., deductions for leave of absence and overtime payments made. Sick pay deductions etc. shall be converted individually as follows: Sick pay deductions up to and including the 14th calendar day shall be converted retroactively. There shall be no retroactive conversion for sick pay deductions as from the 15th calendar day, other than where the salary increase was taken into consideration in determining the sickness benefit. Deductions for leave of absence shall be converted retroactively. Conversion shall take place on an individual basis. Overtime payments shall be converted retroactively. Conversion The conversion shall take place on an individual basisbe applied to the average salary increase for salaried employees at the company, unless it is locally agreed that the conversion shall be applied individually for each salaried employee.

Appears in 2 contracts

Samples: Salary Agreement, Salary Agreement

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Retroactive conversion. In cases where β€Œ Where this salary agreement is applied retroactively, the following applies to sick pay deductions for sickness, etc., deductions for leave of absence and overtime payments made. Sick pay deductions Deductions for sickness, etc. shall must be converted individually as follows: Sick pay deductions - Deductions for sickness up to and including the 14th calendar day shall must be converted retroactively. - There shall must be no retroactive conversion for sick pay deductions for sickness as from the 15th calendar day, day other than where to the extent to which the salary increase was taken into consideration in when determining the sickness benefit. Deductions for leave of absence shall must be converted retroactively. Conversion shall must take place on an individual basisindividually. Overtime payments shall must be converted retroactively. Conversion shall must take place on an individual basisindividually.

Appears in 1 contract

Samples: General Terms and Working Hours Agreement

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