Hours Earned definition

Hours Earned means all regular hours for which the employee receives wages or salary, and includes, without limiting the generality of the foregoing, vacation pay, and hours for which such employee is absent for approved union business and any other approved leave. Overtime and statutory holiday pay (not worked) are excluded.
Hours Earned with respect to funds contained in this Agreement shall be interpreted to mean that when overtime is applicable, these contributions shall be remitted at the applicable overtime rate.
Hours Earned means all regular hours for which the employee receives wages or salary, and includes, without limiting the generality of the foregoing, vacation pay, and hours for which such employee is absent for approved union business and any other approved leave. Overtime and statutory holiday pay (not worked) are excluded. Contributions to the Plan shall be made for employees who are on sick benefits, workers compensation benefits, weekly indemnity or other form of salary continuance, at a rate of forty (40) hours per week, for each week the employee is in receipt of such benefits. Prorated payments shall be made where an employee is in receipt of such benefits for less than one (1) week. If an employee is laid-off, contributions to the Plan shall continue at a rate of forty (40) hours per week to the end of the month in which the layoff occurs. The Employer shall ensure that the contributions are received by the Plan no later than the day of the month, preceding the month in which benefits are to be provided to employees. In the event that the total amount of contributions payable are not received by the Plan by the date set forth in above, the Employer shall be solely responsible for any and all benefits which the Plan would have provided to employees had the contributions been received on time. In addition, the Employer shall also be required to pay the outstanding contributions to the Plan. The Employer agrees to provide the Plan, on a timely basis, all information which the Administrator may reasonably require in order to properly record and process benefits. For further specificity, the information required for each employee is as follows: Name Address Date of Birth Date of Hire Social Insurance Number Hours Earned Amount of Remittance per employee Termination Date Retirement Date Date of Death Gender The Employer agrees that an employee who may be appointed by the Union to be a Trustee of the Plan shall be entitled to attend up to four meetings of the Plan ,in a calendar year during work hours and shall receive pay and be credited with seniority notwithstanding absence from work for that purpose.

Examples of Hours Earned in a sentence

  • Hours earned in approved courses and workshops that are less than eight hours may be accumulated.


More Definitions of Hours Earned

Hours Earned means all hours for which an employee receives wages or salary, and includes, without limited the generality of the foregoing, vacation pay, holiday pay,
Hours Earned means all hours for which an employee receives wages or salary, and includes, without limited the generality of the foregoing, vacation pay, holiday pay, and hours for which such employee is absent for approved union business and any other approved leave.
Hours Earned with respect to funds contained in this Agreement shall be interpreted to mean that when overtime is applicable, these contributions shall be remitted at the applicable overtime rate. BETWEEN LOCAL 213 OF THE INTERNATIONAL BROTHER- HOOD OF ELECTRICAL WORKERS AND SIGNED ON BEHALF OF: CONSTRUCTION LABOUR RELATIONS ASSOCIA- TION OF B.C. CONSTRUCTION LABOUR RELATIONS ASSOCIA- TION OF B.C.

Related to Hours Earned

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.