Wages in a foreign currency Sample Clauses

Wages in a foreign currency. The employee and the employer may agree that a part of the regular monthly wage is to be paid in a foreign currency or that a part of the regular monthly wage may be linked to the exchange rate of a foreign currency. The selling rate of the currency should be used for reference on the date when the agreement between the employee and the employer was made. Regular monthly wages shall be calculated and stated on the payslip as follows:
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Related to Wages in a foreign currency

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

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