Common use of Wellness Incentive Clause in Contracts

Wellness Incentive. Employees assigned to a 53-hour average workweek may carry-over a maximum of two thousand two hundred forty (2,240) hours to the following calendar year. Employees assigned to a 40-hour average workweek may carry-over a maximum of one thousand six hundred ninety (1,690) hours to the following calendar year. Any sick leave accrued in excess of the Employees’ maximum allowable carry- over will be paid for thirty (30) percent of the hours in excess of their maximum allowable carry-over at the Employees’ hourly rate. This payment will be made as a separate check, no later than the last paycheck of February each year. At that time, the Employees’ sick leave balance will be reduced to the maximum allowable carry-over. This incentive reduces the Employees’ sick leave bank making it non-salary earnings and is not pensionable.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Wellness Incentive. Employees assigned to a 53-hour average workweek may carry-over a maximum of two thousand two hundred forty (2,240) 2240 hours to the following calendar year. Employees assigned to a 40-hour average workweek may carry-over a maximum of one thousand six hundred ninety (1,690) 1690 hours to the following calendar year. Any sick leave accrued in excess of the Employeesemployees’ maximum allowable carry- carry-over will be paid for thirty (30) percent % of the hours in excess of their maximum allowable carry-over at the Employeesemployees’ hourly rate. This payment will be made as a separate check, no later than the last paycheck of February each year. At that time, the Employeesemployees’ sick leave balance will be reduced to the maximum allowable carry-over. This incentive reduces the Employeesemployees’ sick leave bank making it non-salary earnings and is not pensionable.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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