Common use of Process for Payment Clause in Contracts

Process for Payment. All wages shall be paid fortnightly by either Electronic Funds Transfer (EFT) or cheque at the option of the Authority. Where reasonably possible, the Authority will pay wages into the employee‟s nominated bank accounts. Wages shall be paid to the employee on the same day (Thursday) of each pay fortnight except where such day falls on a public holiday in which case payment shall be made on the previous working day. Where an employee‟s services are terminated in accordance with the termination of employment provisions of this agreement, all moneys due to the employee pursuant to this agreement shall be paid at the time of termination.