Size of parental leave supplement Sample Clauses

Size of parental leave supplement. The size of the parental leave supplement is calculated differently depending on whether the salaried employee’s monthly salary exceeds a certain salary threshold. Monthly salary means, in addition to what is stated in 11.3.5, benefits in the form of board or lodging defined in accordance with the instructions of the Swedish Tax Agency. Salary threshold 10 x price base amount (pba) For 2021: 10 x SEK 47,600 = SEK 39,667 12 12 Monthly salary below the salary threshold For salaried employees with a monthly salary below the salary threshold, the parental leave supplement per month is the monthly salary less 30 deductions as follows. 90 % x monthly salary x 12 365 Monthly salary above the salary threshold For salaried employees with a monthly salary above the salary threshold, the parental leave supplement per month is the monthly salary less 30 deductions as follows. 90 % x 10 x pba + 10 % x monthly salary x 12 – 10 x pba 365 365 Remarks If the leave of absence should be shorter than the leave the salaried employee is entitled to in accordance with this paragraph, parental leave supplement is paid for no longer than the length of the leave. During partial leave, parental leave supplement is granted in proportion to the extent of the leave.
AutoNDA by SimpleDocs
Size of parental leave supplement. The size of the parental leave supplement is calculated differently depending on whether the salaried employee’s monthly salary exceeds a certain salary threshold. Monthly salary means, in addition to what is stated in 11.3.5, benefits in the form of board or lodging defined in accordance with the instructions of the Swedish Tax Agency. Salary threshold 10 x price base amount (pba) For 2023: 10 x SEK 52,500 = SEK 43,750

Related to Size of parental leave supplement

  • Commencement of Parental Leave Subject to subsection 24.07, Parental Leave in Addition to Maternity Leave, parental leave must commence no later than the first anniversary date of the birth or adoption of the child, or of the date on which the child comes into the actual care and custody of the employee.

  • Variation of period of parental leave Unless agreed otherwise between the employer and employee, an employee may apply to their employer to change the period of parental leave on one occasion. Any such change to be notified at least four weeks prior to the commencement of the changed arrangements.

  • Paid Parental Leave 44.2 In addition, if the Employee is entitled to paid parental leave under the Paid Parental Leave Act 2010 (Cth) (PPL Act) as the primary carer of the child:

  • Maternity and Parental Leave Employees are eligible for unpaid leave of absence from employment subject to the conditions in this article. Every employee who intends to take a leave of absence under this article will give at least four weeks' notice in writing to the Employer unless there is a valid reason why such notice cannot be given and will inform the Employer in writing of the length of leave intended to be taken. Each employee who wishes to change the effective date of approved leave will give four weeks' notice of such change unless there is a valid reason why such notice cannot be given.

  • Maternity Adoption and Parental Leave The following in part reflects the provisions of the Employment Standards Act on these matters. In all cases of dispute, and where the Act as amended from time to time is superior, the provisions of the Act will prevail.

  • Unpaid Parental Leave (a) An employee is entitled to a period of up to 52 weeks unpaid parental leave in respect of the:

Time is Money Join Law Insider Premium to draft better contracts faster.