Common use of Conversion of Monthly Wages Clause in Contracts

Conversion of Monthly Wages. When, for example, due to the time of joining or departing from the company, it is necessary to calculate the wages for part of the month, this shall be done as follows: The monthly wage is divided by the number of days of the month minus Sundays. The amount received is multiplied by the number of days, minus Sundays, that occur during the time the employee is at work. When calculating holiday pay, 1 month is calculated as corresponding to 26 working days. Refer however to §4.2, second sentence. In the event of an absence of up to 7 calendar days that does not entitle the employee to wages, deductions in wages for monthly or weekly paid full-time employees shall be made for the relevant number of working hours the person in question has been absent. The hourly wage is calculated in accordance with the provisions of §3.4, for part-time employees proportionately. In the event of absence of more than 7 calendar days, the wages shall be calculated as mentioned in the second paragraph above. Unless otherwise agreed, wage deductions are made for the commenced half hours/30 minutes. § 15 PART-TIME EMPLOYEES, TEMPORARY EMPLOYEES AND HIRING OF LABOUR‌

Appears in 2 contracts

Samples: National Collective Agreement, National Collective Agreement

AutoNDA by SimpleDocs

Conversion of Monthly Wages. When, for example, due to the time of joining or departing from the company, it is necessary to calculate the wages for part of the month, this shall be done as follows: The monthly wage is divided by the number of days of the month minus Sundays. The amount received is multiplied by the number of days, minus Sundays, that occur during the time the employee is at work. When calculating holiday pay, 1 month is calculated as corresponding to 26 working days. Refer however to §4.2, second sentence. In the event of an absence of up to 7 calendar days that does not entitle the employee to wages, deductions in wages for monthly or weekly paid full-time employees shall be made for the relevant number of working hours the person in question has been absent. The hourly wage is calculated in accordance with the provisions of §3.4, for part-time employees proportionately. In the event of absence of more than 7 calendar days, the wages shall be calculated as mentioned in the second paragraph above. Unless otherwise agreed, wage deductions are made for the commenced half hours/30 minutes. § 15 PART-TIME EMPLOYEES, TEMPORARY EMPLOYEES AND HIRING OF LABOUR‌.

Appears in 1 contract

Samples: National Collective Agreement

AutoNDA by SimpleDocs

Conversion of Monthly Wages. When, for example, due to the time of joining or departing from the company, it is necessary to calculate the wages for part of the month, this shall be done as follows: The monthly wage is divided by the number of days of the month minus Sundays. The amount received is multiplied by the number of days, minus Sundays, that occur during the time the employee is at work. When calculating holiday pay, 1 month is calculated as corresponding to 26 working days. Refer however to §4.2, second sentence. In the event of an absence of up to 7 calendar days that does not entitle the employee to wages, deductions in wages for monthly or weekly paid full-time employees shall be made for the relevant number of working hours the person in question has been absent. The hourly wage is calculated in accordance with the provisions of §3.4, for part-time employees proportionately. In the event of absence of more than 7 calendar days, the wages shall be calculated as mentioned in the second paragraph above. Unless otherwise agreed, wage deductions are made for the commenced half hours/30 minutes. § §15 PART-TIME EMPLOYEES, TEMPORARY EMPLOYEES AND HIRING OF LABOUR‌LABOUR

Appears in 1 contract

Samples: National Collective Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.