NEWLY ESTABLISHED SMALL EMPLOYER CONCESSION Sample Clauses

NEWLY ESTABLISHED SMALL EMPLOYER CONCESSION. Newly established establishments who employ no more than a total of 10 employees (including employees involved in activities other than furniture, bedding and upholstery manufacturing activities e.g. administration, sales, marketing, etc), may apply for the following phasing in concession, provided that their employees agree thereto. The establishment concerned shall then be prohibited from making use of a Newly Employed Employee Concession for any of its employees as per clause 8 hereunder until the expiry date of Phase 3 of the Newly Established Small Employer Concession or the cancellation of the establishment’s Newly Established Small Employer Concession: PHASE ONE: First year of registration until the end of the first September following registration During this period the employer shall be exempted from prescribed minimum wages, Leave Pay Fund contributions payable to the Council, Holiday Bonus Fund contributions, Provident Fund, Additional Provident Fund or Sick Benefit Society contributions. Employees may be remunerated at their current rates of pay and wage increments may be negotiated between employer and employee(s). All other provisions of the Agreement shall remain applicable, including the following: Any accumulated leave-pay benefits accrued by the employees prior to October of the first year of registration must be paid out by the employee’s employer to the employee in terms of the Basic Conditions of Employment Act, 1997 (Act 75 of 1997)(as amended), when due. The following moneys shall be payable as prescribed in Addendum 1:
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NEWLY ESTABLISHED SMALL EMPLOYER CONCESSION. New establishments with not more than a total of 10 employees (including employees involved in activities other than furniture, bedding, upholstery and curtain manufacturing activities e.g. administration, sales, marketing, etc), may apply for the following phasing in concession, provided that their employees agree thereto and the establishment concerned shall then be prohibited from applying a Newly Employed Employee Concession as per clause 7A hereunder until the expiry or cancellation of the Newly Established Small Employer Concession: PHASE ONE: First year of registration until the end of the first September following registration During this period the employer shall be exempted from prescribed minimum wages, Leave Pay moneys payable to the Council, Holiday Bonus moneys, Provident Fund, additional Provident Fund or Sick Benefit Society contributions. Employees may be remunerated at their current rates of pay and wage increments may be negotiated between employer and employee(s). All other provisions of the Agreement shall remain applicable, including the following: Any accumulated leave-pay benefits accrued by the employees prior to October of the first year of registration must be paid out by the employer in terms of the Basic Conditions of Employment Act, 1997 (Act 75 of 1997)(as amended), when due. The following levies shall be payable as prescribed in Schedule 1:
Sample 1Sample 2
NEWLY ESTABLISHED SMALL EMPLOYER CONCESSION. New establishments with not more than a total of 10 employees (including employees involved in activities other than furniture, bedding, upholstery and curtain manufacturing activities e.g. administration, sales, marketing, etc), may apply for the following phasing in concession, provided that their employees agree thereto: PHASE ONE: First year of registration until the end of the first September following registration During this period the employer shall be exempted from prescribed minimum wages, Leave Pay moneys payable to the Council, Holiday Bonus moneys, Provident Fund, additional Provident Fund or Sick Benefit Society contributions. Employees may be remunerated at their current rates of pay and wage increments may be negotiated between employer and employee(s). All other provisions of the Agreement shall remain applicable, including the following: Any accumulated leave-pay benefits accrued by the employees prior to October of the first year of registration must be paid out by the employer in terms of the Basic Conditions of Employment Act, 1997 (Act 75 of 1997)(as amended), when due. The following levies shall be payable as prescribed in Schedule 1:
Sample 1

Related to NEWLY ESTABLISHED SMALL EMPLOYER CONCESSION

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

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