Temporary Salary Reduction (TSR) Leave Sample Clauses

Temporary Salary Reduction (TSR) Leave. In lieu of reducing the daily work hours of employees as a result of the three percent (3.0%) salary reduction, the Employer and the Union agree to establish Temporary Salary Reduction (TSR) leave. A. Employees will only accrue TSR leave during the period the three percent (3.0%) salary reduction is in effect. Only employees subject to the three percent (3.0%) salary reduction will qualify to earn TSR leave. B. Employees may be credited up to a maximum of five and two tenths (5.2) hours of TSR leave per month. C. Full-time employees who have not exceeded ten (10) working days of leave without pay in a calendar month will accrue five and two tenths (5.2) hours of TSR leave per month. Part-time employees will accrue TSR leave on the same proportional basis that their monthly schedule bears to a full- time appointment. Cyclic employees will earn TSR leave in proportion to the hours worked in each month. Temporary employees will not earn TSR leave. D. TSR leave has no cash value and balances must be used by July 1, 2013; however, employees may carry forward up to sixteen (16) hours of TSR leave that must be used prior to September 1, 2013. E. TSR leave must be requested and scheduled in accordance with the vacation leave scheduling requirements of Article 11,
Sample 1
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Temporary Salary Reduction (TSR) Leave. In lieu of reducing the daily work hours of employees as a result of the three percent (3.0%) salary reduction made part of the 2012-2013 contract, the Employer and the Union agreed to establish Temporary Salary Reduction (TSR) leave. A. TSR leave has no cash value and balances must be used by July 1, 2013; however, employees may carry forward up to sixteen (16) hours of TSR leave that must be used prior to September 1, 2013. B. TSR leave must be requested and scheduled in accordance with the vacation leave scheduling requirements of Article 11, Vacation Leave. ARTICLE 44‌ HEALTH CARE BENEFITS AMOUNTS See Appendix J, Health Benefits Agreement.
Sample 1
Temporary Salary Reduction (TSR) Leave. In lieu of reducing the daily work hours of employees as a result of the three percent (3%) salary reduction, the Employer and the Union agree to establish Temporary Salary Reduction (TSR)
Sample 1

Related to Temporary Salary Reduction (TSR) Leave

  • Salary Reduction A reduction in pay from one step to another, which is not below the minimum rate established for the position by the salary plan. A copy of the notice of reduction shall be sent promptly to the City Manager Department for inclusion in the employee's official personnel file.

  • SALARY STEP PLAN AND SALARY ADJUSTMENTS Appointments to positions in the City and County service shall be at the entrance rate established for the position except as otherwise provided herein.

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Accrued Salary and Vacation On the Separation Date, the Company will pay you all accrued salary and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Salary Severance A single, lump sum payment equal to twelve (12) months of the Executive’s Salary, less applicable withholdings.

  • Accrued Salary and Paid Time Off On the Separation Date, the Company will pay you all accrued salary, and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments by law.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Salary Scales ‌ 2.5.1 Effective from 1 January 2024, and subject to the Remuneration provisions in the Terms of Settlement, a 4% increase will apply to all paid and printed rates. The following Allied Divisions shall refer to the applicable schedules for their scales: MIT, UCOL and Otago. 2.5.2 Effective from 1 January 2025, kaimahi will be translated into the following salary scale, which includes the 4% salary increase: Band Step (N/A for UCOL and TOPNZ) Scale Scale 2025 (4%) 40 hours Band Step(N/A for UCOL and TOPNZ Scale 2025 (4%) Scale 2025 (4%)

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