Benefits and Pay Clause Samples
The "Benefits and Pay" clause defines the compensation and benefits an employee will receive as part of their employment. It typically outlines the salary or wage structure, payment frequency, and any additional benefits such as health insurance, retirement plans, or bonuses. By clearly specifying these terms, the clause ensures both parties understand the financial and non-financial rewards of the employment relationship, reducing the risk of misunderstandings or disputes over compensation.
Benefits and Pay. Notwithstanding Section 1 above, such individuals shall be governed by the provisions of Article 7, Holidays, Article 8, Vacation Leave, Article 9, Sick Leave, and Article 19, Insurance, of this Agreement. In addition, such individuals shall receive any general wage adjustment(s) provided for the class for which they are training or serving an apprenticeship.
Benefits and Pay. Notwithstanding Section 1 above, such individuals shall be governed by the provisions of Article 11, Holidays; Article 10