Temporary salary reductions Sample Clauses

Temporary salary reductions. 22.1 Subject to the conditions set out in clause 19, the University may implement a generalised temporary salary reduction in accordance with this clause. 22.2 The University may implement, by giving two weeks’ notice: 22.2.1 if it is declared to be in Category A, a temporary reduction in pay in any given pay period, to a maximum of 5% of an employee’s salary, for which the first $30,000 (per annum) shall be exempt; (for example, an employee on $100,000 per annum where the University is in Category A, the maximum reduction is $3,500 per annum and their temporarily reduced salary would be $96,500 per annum). 22.2.2 if it is declared to be in Category B, a temporary reduction in pay in any given pay period, to a maximum of 10 % of an employee’s salary, for which the first $30,000 (per annum) shall be exempt. 22.2.3 For the purposes of Clauses 19.1 and 19.2, the $30,000 exempt amount shall be disregarded. For example, if a 5% salary reduction is imposed in accordance with clause 22.2.1 or 22.2.2 it will be regarded as a 5% reduction for the purposes of clauses 19.1 and 19.2 notwithstanding the 5% reduction doesn’t apply to the $30,000 exempt amount. 22.3 The salary reduction will not apply to an employee: 22.3.1 while they are stood down; or
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Temporary salary reductions. 22.1 This clause applies only to Eligible Senior Management Team Staff. Subject to the conditions set out in clause 20, the University may implement a temporary salary reduction in accordance with this clause. Any temporary salary reduction under this clause 22 may only be implemented during the period 1 January 2021 to 30 June 2021. 22.2 The University may implement, by giving two weeks’ notice, if it is declared to be in Category A, a temporary reduction in pay in any given pay period, to a maximum of 5% of a Eligible Senior Management Team Staff member's salary, for which the first $30,000 (per annum) shall be exempt. 22.3 For the purposes of clause 20.1, the $30,000 exempt amount shall be disregarded. For example, if a 5% salary reduction is imposed in accordance with clause 22.2 it will be regarded as a 5% reduction for the purposes of clause 20.1 notwithstanding the 5% reduction doesn’t apply to the $30,000 exempt amount.
Temporary salary reductions. 24.1 Subject to the conditions set out in clause 19, the University may implement a generalised temporary salary reduction in accordance with this clause. 24.2 The University may implement, by giving two weeks’ notice, a temporary reduction in pay in any given pay period of 3.5%, for which the first $30,000 (per annum) shall be exempt. This will apply until the first pay period after the expiry of this Schedule or the first pay period after the University is no longer in either Category A or B, whichever comes first. 24.3 The salary reduction will not apply to a staff member: 24.3.1 while they are stood down; or 24.3.2 who is employed on a casual basis. 24.4 For the purposes of Clauses 19.1 and 19.2, the $30,000 exempt amount shall be disregarded. For example, if a 3.5% salary reduction is imposed in accordance with clause 24.2 it will be regarded as a 3.5% reduction for the purposes of clauses 19.1 and 19.2 notwithstanding the 3.5% reduction doesn’t apply to the $30,000 exempt amount.

Related to Temporary salary reductions

  • 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.

  • Temporary Vacancies The Company and the Union recognize that temporary employees may be required to temporarily provide additional manpower due to vacation, weekly indemnity, excess of work, etc. All temporary employees performing bargaining unit work are members of the bargaining unit and as such all terms and conditions of the collective agreement apply except as herein provided. Individuals may be hired to fill temporary vacancies. Temporary vacancies and employees shall last a maximum of eight (8) calendar weeks. This does not prevent the Company and the Union from mutually agreeing to extend the eight (8) week limitation on an individual basis. However, unless there is written agreement to the contrary, the eight (8) calendar week limitation shall be respected. Should the position be made permanent, the job will be posted as per 9.07(e). Any skills or experience gained by the temporary employee while in the temporary job, shall not be used to determine him more suitable for the position than the employee with seniority who applies. Prior to any layoff all temporary employees will be terminated. Overtime will only be offered to temporary employees after all qualified senior and probationary employees within the classification concerned have refused. Public holidays will be paid to the temporary employees as per the Employment Standards Act Part X (10). Temporary employees will be hired for the applicable classification and wage rate as per Appendix A of the Collective Agreement. Should a temporary employee apply for a job posting and be successful as per Article 9.07 of the Collective Agreement the temporary employee shall then become a probationary employee. The seniority date of a temporary employee who is awarded a full-time position will equal the date the full-time position is awarded. No person, who is or has been employed by the Company outside of the bargaining unit, shall be eligible to work as a temporary employee within the bargaining unit, unless his record of employment with the Company has been severed in excess of one week.

  • Optional Reductions The Borrower may, upon notice to the Administrative Agent, terminate the Aggregate Revolving Commitments, or from time to time permanently reduce the Aggregate Revolving Commitments to an amount not less than the Outstanding Revolving Amount of Revolving Loans, Swing Line Loans and L/C Obligations; provided that (i) any such notice shall be received by the Administrative Agent not later than 1:00 p.m., five (5) Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $2,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the Borrower shall not terminate or reduce (A) the Aggregate Revolving Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Outstandings would exceed the Aggregate Revolving Commitments, (B) the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Revolving Amount of L/C Obligations not fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit, or (C) the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Revolving Amount of Swing Line Loans would exceed the Swing Line Sublimit.

  • Temporary Employment Temporary service in a position immediately preceding certification to that position, without interruption, shall count towards satisfaction of the probationary period. It will also count toward benefits eligibility (without retroactivity for benefits) and pay progression requirements, provided the duties of the temporary and permanent assignments are the same.

  • Temporary Employees 3.3.1 A temporary employee is an employee who is hired for short-term work assignment which is not ongoing (i.e. normally 12 months or less and not extending beyond 24 months). The employee's benefits and working conditions are as per Article 34 (Temporary Employees).

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

  • Temporary Suspension JetBrains reserves the right to suspend Customer’s access to JetBrains Products if Customer or User’s use of Product is in violation of this Agreement or disrupts or imminently threatens the security, integrity, or availability of a Product.

  • 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.

  • Temporary Employee Employees may be hired for a specific term not to exceed six (6) months, to replace an employee who will be on approved leave of absence, absence due to WSIB disability, sick leave, long term disability or to perform a special non-recurring task. This term may be extended a further six (6) months on mutual agreement of the Union, employee and Hospital or by the Hospital on its own up to twelve (12) months where the leave of the person being replaced extends that far. The period of employment of such persons will not exceed the absentee's leave. The release or discharge of such persons shall not be the subject of a grievance or arbitration. This clause would not preclude such employees from using the job posting provision under the collective agreement and any successful applicant who has completed his probation period will be credited with the appropriate seniority. The Hospital will outline to employees selected to fill such temporary vacancies and the Union, the circumstances giving rise to the vacancy, and the special conditions relating to such employment.

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