Mobility Premium Sample Clauses

A Mobility Premium clause provides additional compensation or benefits to employees who are required to relocate or travel frequently as part of their job duties. This premium may be paid as a lump sum, a monthly allowance, or through reimbursement of specific expenses such as housing, transportation, or relocation costs. The core function of this clause is to offset the personal and financial burdens associated with mobility, thereby incentivizing employees to accept assignments that require significant travel or relocation.
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Mobility Premium. The Employee shall be entitled to a Mobility Premium in the amount of the greater of Twenty Six Thousand Four Hundred and Sixty-Five Euros (€26,465.00) or 21.4% of the Employee’s Remuneration, per annum to be paid in equal bi-weekly installments.
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Mobility Premium. The mobility premium is paid in certain assignment locations where an entity needs to be established and little support has been built into current operations in the host country. The mobility premium, if applicable, is 10% of the base salary, rounded up to the nearest $1,000. The mobility premium must be separately approved by the Chief Human Resources Officer, and will be consistently applied only when necessary to achieve the business objectives of the assignment.
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Mobility Premium. In addition to the Assignee's salary and allowances, the Home Company will pay the Assignee a mobility premium intended to induce the Assignee to accept a role with a non-established entity. The amount of Assignee's annual mobility premium will be determined in accordance with the Policy, to be paid monthly via normal payroll for the duration of active assignment.
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Related to Mobility Premium

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

  • Holiday Premium Pay A Nurse working on a recognized Holiday is entitled to the following compensation for any hours worked on the calendar date of the recognized Holiday: A. A Full-Time or Part-Time Nurse who is regularly scheduled to work on a recognized Holiday shall be paid at the rate of one and one-half times (1.5 x) the Nurse’s regular rate of pay; or B. A Nurse who works overtime (as defined in Article 7.07) on a recognized Holiday shall be paid at the rate of two times (2 x) the Nurse’s regular rate of pay for the overtime worked.

  • Sunday Premium Any employee who is required to work at any time on a Sunday shall be paid a Sunday premium in addition to their regular hourly rate of pay in the amount of seventy-five (75¢) cents per hour, for each such hour and portion of an hour worked. Sunday premium pay shall not be added to an employee's hourly rate of pay for the purpose of computing overtime. The provisions of this Article shall not apply to the “in charge” employees referred to in sub-articles 23.03 and 23.04 of this Agreement.

  • Single Premium Credit Life Insurance None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies.

  • Shift Premium Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95c/ ) per hour for each hour worked between 1500 hours and 0700 hours provided that such hours exceed two (2) hours if worked in conjunction with the day shift.