Smart Pay Sample Clauses

Smart Pay. It refers to the function that when the Depositor makes a transaction for items or services with a physical or virtual contracted merchant, he/she uses the ATM card issued by the Bank and the chip PIN set by the Depositor, and authorizes the Bank to directly deduct the amount from the Depositor's designated account of the ATM card through the financial information system and transfer it to the account of the acquirer or contracted merchant, including transactions such as debits for consumptions (fixed and floating rates), reverses, chargebacks, pre- authorization and authorization completion.
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Related to Smart Pay

  • Shift Pay Each full-time employee scheduled to work on any shift commencing after 9:00 a.m. shall be paid a shift premium of seventy- five cents ($0.75) per hour for all hours worked by him/her on that shift and overtime hours worked in continuity with such shift. Shift premiums payable under this provision shall not be included as part of the employee’s regular pay for purposes of computing overtime pay.

  • Report Pay An employee who is pre-scheduled to work an overtime shift in a 24-hour facility and reports to duty will be guaranteed three (3) hours overtime pay at the appropriate rate unless the employee is a holdover from a previous shift. The Employer shall notify employees as soon as practical prior to their scheduled start time in the event the employee is not required to report for prescheduled overtime. Department of Transportation employees will continue to receive the greater benefits under callback pay when applicable.

  • Merit Pay It is the parties’ intent to not simultaneously provide employees with both: a) the wage premiums referenced in Subsection A of this Agreement, and b) an above-top-step merit premium program. Therefore, existing bargaining units with employees which have eligibility for above-top-step merit pay as provided under KCC 3.15.020(C)(3) and as administered under the King County Performance Appraisal and Merit Pay System under their appendix, that have elected as a group to be covered by the Merit Pay System, are not eligible for longevity-merit pay under Subsection A of this Agreement; however, such bargaining units have elected to forgo above-top-step merit for their members who are part of the Coalition in order for those members to be eligible for the longevity-merit pay under Subsection A of this Agreement. This provision would give employees who are covered by these administrative support coalition negotiations the option of: a) continuing to receive above-top-step merit pay they have access to under their respective bargaining unit’s existing collective bargaining agreement, or b) receiving the wage premium under Subsection A of this Agreement.

  • Court Pay (1) When an off-duty member is subpoenaed to court and so reports, the member shall be paid or credited a minimum of four (4) hours at the member's appropriate rate of pay, unless the court clock-out time is within one-half (½) hour of the beginning of the member’s tour of duty or later. In the latter case, the member shall be paid at a rate of time and one-half (1½) for all hours worked up to the starting time for that tour of duty.

  • ISOLATION PAY 43.1 An employee who is stationed at a work location which receives a total of eight (8) or more points under the factors outlined in sub-sections 43.3.1 and 43.3.2 of this Article shall be paid an isolation allowance in accordance with the following scale: 8 points $ 3.45 per week 9 - 12 points $ 5.18 per week 13 - 16 points $ 6.90 per week 17 - 20 points $ 8.63 per week 21 - 24 points $10.35 per week 25 - 28 points $12.08 per week 29 - 32 points $13.80 per week 33 - 36 points $15.53 per week 37 - 40 points $17.25 per week 41 - 44 points $18.98 per week 45 - 48 points $20.70 per week

  • SEPARATION PAY A regular employee shall be entitled to separation pay as set out in subsection provided he has not been excluded by subsection and provided he meets any of the following eligibility provisions:

  • Show-up Pay (a) Except as otherwise required by State law, Employees reporting for work and for whom no work is provided, except when given prior notification not to report to work, shall receive two (2) hours pay at the regular straight time hourly rate. Employees who are directed to start work shall receive four (4) hours of pay at the regular straight time hourly rate. Employees who work beyond four (4) hours shall be paid for actual hours worked. Whenever reporting pay is provided for employees, they will be required to remain at the Project Site and available for work for such time as they receive pay, unless released earlier by the principal supervisor of the Contractor(s) or his/her designated representative. Each employee shall furnish his/her Contractor with his/her current address and telephone number and shall promptly report any changes to the Contractor.

  • DEDUCTIONS FROM PAY 22.01 The Employer shall continue to make necessary or approved deductions from an employee’s pay for benefits, taxes and other customary purposes and provide the employee with a statement of such deductions with each pay cheque.

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