Common use of WAGES/NEW CLASSIFICATIONS Clause in Contracts

WAGES/NEW CLASSIFICATIONS. 26.01 Wages shall be as indicated in Appendix “B” of this Agreement. 26.02 Hourly rates of pay for any new classification that may be established by the Employer and which come within the scope of this Agreement shall be the subject of negotiations, and the Employer shall have the right to temporarily establish an hourly rate to be paid until the regular hourly rate of pay for this new classification has been agreed upon. If the Employer and the Union cannot reach an Agreement, then at the request of either party, the matter shall be submitted to the arbitration procedure contained in this Agreement. The Employer and the Union mutually agree that an Arbitrator appointed in accordance with the terms of this Agreement shall have the right to determine the hourly rate of pay to be paid for this new classification and the Employer and the Union further agree that the Arbitrator's decision shall be final and binding upon all parties concerned. (a) The Employer shall pay wages bi-weekly. Each employee shall be provided with an itemized statement of their wages, overtime and other pay and deductions. (b) Paydays shall be every second Thursday. Where a payday falls on a general holiday, cheques/deposits will be made available one (1) day prior to the general holiday. (c) The work week shall be Sunday to Saturday, with the cut-off time for calculation of earned wages and preparation of pay to be every second Saturday at 11:59 p.m. 26.04 Employees will be paid by way of a direct deposit system for payroll purposes. Employees will have the option of having their pay cheques deposited to the financial institution of the employee’s choice. Employees will provide one (1) full pay period notice to the Employer when providing notice of a change in banking information. The Employer shall correct any payroll errors greater than one hundred ($100.00) dollars within twenty-four (24) hours of the error being verified. Errors less than one hundred ($100.00) dollars shall be corrected on the next pay. 26.05 Provided an employee gives at least two (2) weeks’ prior notice to the Employer, the employees will be paid their full vacation pay on the cheque/deposit prior to the commencement of the employee’s vacation.