Settlement and allocation for contract work Sample Clauses

Settlement and allocation for contract work. After the work is completed and the contract calculations have been presented, the undisputed part of the contract amount shall be distributed and paid to the employees in connection with normal wage payments without undue delay. The remaining part of the contract amount shall be fully settled within 30 working days of the above- mentioned date. In short-term work, final settlement shall be done within 10 working days of said date. If contract settlement that has been jointly agreed upon in the work-site agreement has not been performed within the specified settlement times, the matter shall be brought to resolution in accordance with the negotiation procedure specified in the collective agreement. Under the contract, 10 working days, calculated from the completion of the work and the presentation of the contract calculations, shall be the settlement time. Short-term work refers to work of less than 30 man-days (240 h). The contract price shall be divided among the employees involved in proportion to their dividing hourly wage of the contract sum and the number of hours worked for the contract in question.
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Related to Settlement and allocation for contract work

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