Common use of PAY NOTES Clause in Contracts

PAY NOTES. Where there is any increase payable to an employee who has received a commitment of any form of compensation which contains components of non‐employment income and employment income (e.g. scholarship with service or a Graduate Teaching Fellowship), any additional compensation pursuant to this agreement shall be paid in addition to the current compensation package. For further clarity, the employer shall not reallocate any additional employment compensation paid pursuant to this agreement to the detriment of non‐employment compensation.

Appears in 1 contract

Sources: Collective Agreement

PAY NOTES. Where there is any increase payable to an employee Employee who has received a commitment of any form of compensation which contains components of non‐employment non-employment income and employment income (e.g. scholarship with service or a Graduate Teaching Fellowship), any additional compensation pursuant to this agreement shall be paid in addition to the current compensation package. For further clarity, the employer shall not reallocate any additional employment compensation paid pursuant to this agreement to the detriment of non‐employment non-employment compensation.

Appears in 1 contract

Sources: Collective Agreement