Common use of Retroactive recalculation Clause in Contracts

Retroactive recalculation. In case this salary agreement is applied retroactively, the following shall apply regarding salary deductions for sick leave, leave of absence and paid-out overtime compensation. Individual recalculation of sick leave deductions etc. shall be made in accordance with the following: A sick leave deduction through the 14th calendar day shall be recalculated retroactively. No retroactive recalculation shall be made for sick leave deductions from the 15th calendar day, except to the extent the salary increase has been taken into consideration at the time the sick pay was determined. A deduction for leave of absence shall be recalculated retroactively. The recalculation shall be made individually. Overtime compensation shall be recalculated retroactively. The recalculation shall be made by the average salary increase for salaried employees at the company, unless a local agreement is made to the effect that the recalculation shall be made individually for each salaried employee.

Retroactive recalculation. In case this salary agreement is applied retroactively, the following shall apply regarding salary deductions for sick leaveleave etc., leave of absence and paid-out overtime compensation. Individual recalculation of sick leave deductions etc. shall be made in accordance with the following: A sick leave deduction through the 14th calendar day shall be recalculated retroactively. No retroactive recalculation shall be made for sick leave deductions from the 15th calendar day, except to the extent the salary increase has been taken into consideration at the time the sick pay was determined. A deduction for leave of absence shall be recalculated retroactively. The recalculation shall be made individually. Overtime compensation shall be recalculated retroactively. The recalculation shall be made by the average salary increase for salaried employees at the company, unless a local agreement is made to the effect that the recalculation shall be made individually for each salaried employee.