Calculation of Top Up Payment Clause Samples

Calculation of Top Up Payment. (a) A Protected Pay Rate will be determined by dividing the gross pay of a team member for a period of 12 months prior to the date of a successful vote on this Agreement (or lesser period of employment if applicable) by the total hours worked in that time. (b) For the purposes of calculating the Protected Pay Rate in subclause 5.3.3(a) the inclusions and exclusions outlined in subclause 5.3.6 (a) will apply. (c) An Agreement Pay Rate will be determined on a weekly pay cycle basis by dividing the gross pay of the team member by the total hours worked in that week. (d) For the purposes of calculating the Agreement Pay Rate in subclause 5.3.3(b) the inclusions and exclusions outlined in 5.3.6(a) will apply.