Calculation of Salary During Leave Clause Samples
Calculation of Salary During Leave. Where, during the currency of an agreement entered into under paragraph (D) of this sub-clause;
(i) an employee takes leave on full pay the employee will receive the benefits and salary referred to in paragraph (D) of this sub-clause;
(ii) an employee who takes leave without pay is not entitled to any benefits during the period of leave;
(iii) an employee who takes leave on less than full pay, the employee will receive;
(1) the benefits; and
(2) an amount of salary calculated by applying the formula: A= W x P% - [(100%-P%) x B] where:
Calculation of Salary During Leave. During the life of an agreement pursuant to sub-clause 4 of this clause, an employee who takes leave is entitled to payment during the period of leave, as follows: On full pay His or her normal benefits and normal wage Without pay No benefits On less than full pay His or her normal benefits and a wage calculated by applying – (W x P%) - [(100% - P%) x B] = A W = the wage determined pursuant to sub-clause 4; and P = the % of wage payable during the leave; & B = the benefit value;& A = the amount of wages.