Wage Premiums definition

Wage Premiums. New hires receive full overtime and weekend/statutory work premiums • Premiums for shift work during the first 10 years are 50 cents per hour for afternoon shift work, and one dollar per hour for midnight shift work • Shift premiums in year 11 and subsequent will be as defined in the current collective agreement for existing employees • Benefits will be paid as per existing collective agreement beginning in year 11 and after • New hires will not receive benefits under the legal services plan while active or retired and their hours will not be part of the funding rate • Benefit paid as per current contract language to new hires after 1 year of service while active • The Company will contribute specified hourly contributions into individually funded accounts for each production employee beginning after the new hire has grown in to the full current base rate of wages. • The Company will contribute specified hourly contributions into individually funded accounts for each skilled trades employee beginning in year 11. • The retiree health contributions by the Company will be phased in over some years to a maximum of $1 per compensated hour (up to 2080 hours per year). • Beyond these defined hourly contributions the Company will incur no liability for retiree health benefits for new hires. • The wage grow-in scale for newly hired apprentices is determined by the apprenticeship wage progression scale negotiated as part of the skilled trades language of this collective agreement. • Newly hired fully-ticketed skilled trades journeypersons hired from outside begin work at the full skilled trades base rate (as per current practice, their wages are excluded from the wage grow-in program). This pay will include COLA in effect at the time of hire. • For pensions, benefits, premiums, and paid time off, newly- hired apprentices and journeypersons will be governed by the same terms of this Grow In package as newly-hired production workers • For currently employed production workers who transfer into an apprenticeship position, their pension, benefits, premiums, and time off will reflect their previous hire date and years of service (i.e. those transferred workers continue to receive their previous pension and benefits entitlements) The specific timing for the phase-in of the final compensation features which are introduced during Year 11 and afterward will be confirmed in collective bargaining before the first new hires employed under this program reach 10 years of service....
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Wage Premiums means paid premiums for operators who hold a valid Environment Certificate, recognized by the RMWB, above level four in an Environment Discipline. [2014]
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Wage Premiums.  New hires receive full overtime and weekend/statutory work premiums  Premiums for shift work during the first 10 years are 50 cents per hour for afternoon shift work, and one dollar per hour for midnight shift work  Shift premiums in year 11 and subsequent will be as defined in the current collective agreement for existing employeesBenefits will be paid as per existing collective agreement beginning in year 11 and after  New hires will not receive benefits under the legal services plan while active or retired and their hours will not be part of the funding rate
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Examples of Wage Premiums in a sentence

  • Technological Change and Wage Premiums: Historical Evidence from Linked Employer-Employee Data Sanna-Mari Hynninen*, Jari Ojala**, and Jaakko Pehkonen*** Abstract This study analyses the impacts of a technological change (the steam engine) on wage premiums.

  • Figure 20: Wage Premiums in the Judicial Sector, Serbia and European Countries.

  • Effects on Firms by Firm-Specific Wage Premiums: In Figure 5 we present the estimation of equation 7 on two outcomes at the firm level: Panel 5a uses an indicator variable for whether the33The results of the first-stage estimation are presented in Appendix Table C.2. We show a very robust firststage with a positive increase in imports.firm exits or not; Panel 5b uses the log of firm size.

  • Indeed, in the case of both unconditional wages and individual heterogeneity, the between part of the total varianceFIGURE 5Unconditional Wage Variance and Workers’ Wage Premiums Variance Decomposition Within- and Between-Job Titles.

  • Strohush) Wage Premiums and Costs of Education1:20 pm Paige Burke (Dr. Yilun Shi)Examining the Relationship between Corporate Governance, Reputation, and Profitability1:40 pm Alexandra L.

  • Requests for program and budget changes must be sent to: First Things First Regional Division – San Carlos Apache Regional Partnership Council 4000 N.

  • The Carriers’ Proposal Would Further Expand the Wage Premiums Enjoyed by Coalition Union Employees.

  • Describe:NAPayment rates are set by the: State/TerritoryCounty.If checked, describe the type of payment rate policies the county can set NAOther local entity (e.g., workforce boards, early learning coalitions).If checked, identify the entity (e.g. workforce board) and describe the type of payment rate policies the local entity(ies) can setNAOther.

  • RDRR-95 • Wage Premiums for On-the-Job Computer Use USDA/Economic Research Service • iiiWage Premiums for On-the-Job Computer UseA Metro and Nonmetro Analysis Lorin D.

  • David, "The Impact of International Trade on Wages: Trade Flows and Wage Premiums: Does Who or What Matter?" (2011).

Related to Wage Premiums

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • State premium tax liability means any liability

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Other Charges means all ground rents, maintenance charges, impositions other than Taxes, and any other charges, including, without limitation, vault charges and license fees for the use of vaults, chutes and similar areas adjoining the Property, now or hereafter levied or assessed or imposed against the Property or any part thereof.

  • Water Charges means service charges in respect of the provision of water.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Real Property Taxes shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring during the term of this Lease, including but not limited to, a change in the ownership of the Premises.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Real Property Tax As used herein, the term "real property tax" shall include any form of real estate tax or assessment, general, special, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed on the Premises by any authority having the direct or indirect power to tax, including any city, state or federal government, or any school, agricultural, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the Premises or in the real property of which the Premises are a part, as against Lessor's right to rent or other income therefrom, and as against Lessor's business of leasing the Premises. The term "real property tax" shall also include any tax, fee, levy, assessment or charge (i) in substitution of, partially or totally, any tax, fee, levy, assessment or charge hereinabove included within the definition of "real property tax," or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a transfer, either partial or total, of Lessor's interest in the Premises or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such transfer, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

  • Real Estate Taxes means the ad valorem real estate taxes levied against the Property (and the improvements and fixtures located thereon), betterment assessments, special benefit taxes and special assessments levied or imposed against the Property, taxes levied or assessed on gross rentals payable by Tenant to the extent charged, assessed or imposed upon tenants in general which are based upon the rents payable under this Lease, any impact fees levied or assessed, whether or not billed by the taxing authority as a special benefit tax or a special assessment, all taxes levied or assessed on the Property that are in addition to or in lieu of taxes that are currently so assessed, and penalties and interest related to Real Estate Taxes if the applicable Real Estate Tax bills have been forwarded to Tenant in a timely manner; provided, however, that Real Estate Taxes shall not include any Excluded Taxes. “Excluded Taxes” shall mean, without limitation, Landlord’s income taxes, gift taxes, excess profit taxes, excise taxes, franchise taxes, estate, succession, inheritance and realty transfer taxes resulting from the transfer of any direct or indirect interest in the Property by Landlord unless such taxes replace Real Estate Taxes in the future (except as expressly set forth in the last sentence of this Section 4(a)), and any interest or penalty charges resulting solely from Landlord’s failure to promptly deliver the Real Estate Tax bills to Tenant if the applicable taxing authority has forwarded the tax xxxx to Landlord rather than Tenant. All special benefit taxes and special assessments shall be amortized over the longest time permitted under ordinance and Tenant’s liability for installments of such special benefit taxes and special assessments not yet due shall be paid in full prior to the expiration or termination of this Lease; provided, that the useful life of any such improvements do not extend beyond the expiration of the Term. Tenant shall also pay, directly to the applicable Governmental Authority (as hereinafter defined), any storm water charges, fees and taxes and use and occupancy tax in connection with the Property or any improvements thereon (or in the event Landlord is required by law to collect such tax, Tenant shall pay such use and occupancy tax to Landlord as Rent within thirty (30) days of written demand and Landlord shall remit any amounts so paid to Landlord to the appropriate Governmental Authority in a timely fashion) and deliver evidence of such payment to Tenant within ten (10) days of making such payment or within ten (10) days of receipt of Tenant’s request for such evidence of payment.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.