WAGE AND FRINGE BENEFITS Sample Clauses

WAGE AND FRINGE BENEFITS. (a) The wages and fringe benefits for Residential (A) Journeyman, Residential (B) Trainees and Residential Classified Workers covered by this Addendum will be as indicated on the “Wage Schedule” of this Addendum. (b) Regular rate Journeymen and indentured Apprentices performing work covered by Section 1 of this Article shall be paid the wage rate specified in the local basic or local SFUA. (c) The Employer agrees that no employee shall suffer a reduction in wages or fringe benefits due to signing of this Addendum. (d) The Employer agrees that building trade’s members may be voluntarily employed on work covered by this Addendum under its terms and conditions.
AutoNDA by SimpleDocs
WAGE AND FRINGE BENEFITS. Section 1. When an Employer enters an area where wages, working conditions and fringe benefits affecting employees have been negotiated and legally established pursuant to a bona fide collective bargaining agreement, the Employer will be presented with such evidence by the Union and the Employer will, subject to the provisions of the Concrete Coring, Drilling and Sawing Agreement, conform his operations accordingly. Section 2. After the Employer's operation has commenced in any particular area, no subsequent change in wages, or fringe benefit contributions in such area will become effective insofar as the Employer is concerned, except to the extent that any such change in wages or fringe benefit contributions shall have been agreed upon in accordance with the effective date agreed upon in negotiations between the local union having jurisdiction over the area and a recognized agent of the Employer in such area. Section 3. The Employer will pay the specified contractual rate for all classified jobs contained in the applicable area collective bargaining agreement, if any. Section 4. The Employer shall pay only to employee fringe benefit funds that have been legally negotiated and established by a local collective bargaining agreement (such as pension, pension annuities, health and welfare, training, vacation, etc.) Section 5. Not withstanding the terms of any local agreement, the Employer shall make the employee benefit contributions for the Employer's key employees to the trust funds designated by the key employees as their home trust funds, and shall not be obligated to contribute for the key employees to any other trust funds, provided that the trust funds so designated agree to accept the contributions and credit the key employees for those contributions in accordance with the trust funds' rules. The contributions shall be at the customary rates set by the home trust funds. In the event that a key employee's designated trust fund refuses to accept such contributions the Employer shall immediately inform the Union and the key employee. The key employee may then designate another trust fund for receipt of his contributions at that fund's customary rates. The key employees for whom contributions are made in accordance with this Section to their designated trust funds shall look only to those trust funds for benefits earned under this agreement. Section 6. The Employer hereby adopts and agrees to be bound by the written terms of such legally established local...
WAGE AND FRINGE BENEFITS. Section 1 Wage Increases and Effective Dates 1. June 4, 2007 through June 1, 2008 $1.87 Increase Journeyman Total Package $40.91 2. June 2, 2008 through May 31, 2009 $1.90 Increase Total Package
WAGE AND FRINGE BENEFITS. The wage rates and fringe benefits to be paid by the City sha 11 be the same as those paid in accordance with the Official Wage and Benefit List as provided by the Building Trades Council. These wages and fringe benefi ts wi 11 be changed to ref1ect any subsequent changes made to the Local Agreements. Pay days shall be the same as for Tradesmen employed by the City of Detroit. It is further understood that employees covered by this Contract will not be eligible for any City fringe benefits. These excluded fringe benefits include, but are not limited to~ such benefits as sick leave benefits, vacation, paid holidays, pensions (including duty and non-duty disability pensions) life insurance,. death benefits, health insurance, longevity, shift premium, optical care, and duty death benefits. The City will be responsible for all legally required benefits, i.e., Social Security, Workers' Compensation, and Unemployment Compensation.
WAGE AND FRINGE BENEFITS. 2.1 The hourly rate for all personnel is per the attached Appendix B. 2.2 Any personnel employed in the following positions will be paid at the crew head rate: Light Board Operators, Sound Board Operators, Rigging Carpenters – motors included, Follow Spot Operators and Automation Operators, Forklift Operators, Shop Foremen and Stage Managers (this does not include Assistant Stage Managers). In addition: if any personnel are hired in any of the following departments: Carpentry, Props, Fly System, Sound, Electrics, Wardrobe, Wigs and Make-up, one person for each department will be paid as a crew head. 2.3 All hours worked will be paid in one-hour increments. 2.4 The period of pay rates will be July 1-June 30 of each year. If a production starts before the first day of July and continues into July, that production's pay rate will be the rate previous to July 1.

Related to WAGE AND FRINGE BENEFITS

  • Vacation and Fringe Benefits During the Employment Period, the Executive shall be entitled to paid vacation and fringe benefits at a level that is commensurate with the paid vacation and fringe benefits available to the Executive immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available from time to time to the Executive or other similarly situated officers at any time thereafter.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period. (b) The Executive shall be enrolled and participate in any retirement, group insurance and other fringe benefit plans and arrangements which are applicable to the similarly situated personnel of the Company and in effect from time to time, if the Executive is eligible therefor, in each case in accordance with and subject to the provisions thereof.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Fringe Benefits During the Employment Period, the Executive shall be entitled to such fringe benefits and perquisites as are provided by the Company to its senior executives from time to time, in accordance with the policies, practices and procedures of the Company, and shall receive such additional fringe benefits and perquisites as the Company may, in its discretion, from time-to-time provide.

  • Other Fringe Benefits During the Employment Period, Executive shall be entitled to receive such of the Company’s other fringe benefits as are being provided to other Executives of the Company on the Senior Executive Team.

  • Retirement, Welfare and Fringe Benefits During the Period of Employment, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs, and fringe benefit plans and programs, made available by the Company to the Company’s employees generally, in accordance with the eligibility and participation provisions of such plans and as such plans or programs may be in effect from time to time.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which the Company or an affiliate of the Company may from time to time make available to the Employee, the Employee shall be entitled to the following during the Employment Term: (a) the standard Company benefits enjoyed by the Company’s other top executives as a group; (b) medical and other insurance coverage (for the Employee and any covered dependents) provided by the Company to its other top executives as a group; (c) supplemental disability insurance sufficient to provide two-thirds of the Employee’s pre-disability Annual Base Salary; (d) an annual incentive bonus opportunity under the Company’s annual incentive plan (“Annual Bonus Plan”) for each calendar year included in the Employment Term, with such opportunity to be earned based upon attainment of performance objectives established by the Committee (“Annual Bonus”). The Employee’s target Annual Bonus under the Annual Bonus Plan shall be no less than 150% of the Employee’s Annual Base Salary (collectively, the target and maximum are referred to as the “Annual Bonus Opportunity”). The Employee’s Annual Bonus Opportunity may be periodically reviewed and increased (but not decreased without the Employee’s express written consent) at the discretion of the Committee. The Annual Bonus shall be paid no later than the March 15th first following the calendar year to which the Annual Bonus relates. Unless provided otherwise herein or the Board determines otherwise, no Annual Bonus shall be paid to the Employee unless the Employee is employed by the Company, or an affiliate thereof, on the Annual Bonus payment date; and (e) participation in the Company’s equity incentive plans.

  • Customary Fringe Benefits Executive will be eligible for all customary and usual fringe benefits generally available to executives of Company subject to the terms and conditions of Company’s benefit plan documents. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive.

  • TREATMENT OF FRINGE BENEFITS The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences.

  • Health Benefits For the eighteen (18) month period following the Termination Date, provided that Executive is eligible for, and timely elects COBRA continuation coverage, the Company will pay on Executive’s behalf, the monthly cost of COBRA continuation coverage under the Company’s group health plan for Executive and, where applicable, her spouse and dependents, at the level in effect as of the Termination Date, adjusted for any increase in such level paid by the Company for active employees, less the employee portion of the applicable premiums that Executive would have paid had she remained employed during the such eighteen (18) month period (the COBRA continuation coverage period shall run concurrently with the eighteen (18) month period that COBRA premium payments are made on Executive’s behalf under this subsection 1(a)(ii)). The reimbursements described herein shall be paid in monthly installments, commencing on the sixtieth (60th) day following the Termination Date, provided that the first such installment payment shall include any unpaid reimbursements that would have been made during the first sixty (60) days following the Termination Date. Notwithstanding the foregoing, the Company’s payment of the monthly COBRA premiums in accordance with this subsection 1(a)(ii) shall cease immediately upon the earlier of: (A) the end of the eighteen (18) month period following the Termination Date, or (B) the date that Executive is eligible for comparable coverage with a subsequent employer. Executive agrees to notify the Company in writing immediately if subsequent employment is accepted prior to the end of the eighteen (18) month period following the Termination Date and Executive agrees to repay to the Company any COBRA premium amount paid on Executive’s behalf during such period for any period of employment during which group health coverage is available through a subsequent employer. Notwithstanding the foregoing, the Company reserves the right to restructure the foregoing COBRA premium payment arrangement in any manner necessary or appropriate to avoid fines, penalties or negative tax consequences to the Company or Executive (including, without limitation, to avoid any penalty imposed for violation of the nondiscrimination requirements under the Patient Protection and Affordable Care Act or the guidance issued thereunder), as determined by the Company in its sole and absolute discretion.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!