Salaries of Sample Clauses
The "Salaries of" clause defines the terms and conditions under which salaries are determined and paid to employees or contractors under an agreement. Typically, this clause outlines the amount, frequency, and method of salary payments, and may specify any adjustments, deductions, or additional compensation such as bonuses or allowances. Its core practical function is to ensure both parties have a clear understanding of compensation arrangements, thereby preventing disputes and ensuring compliance with agreed payment terms.
Salaries of young persons
1. The following different regulations apply for temporary agency workers aged less than 23 and belonging to one of the groups referred to in article 27 of this CLA.
2. The actual wage of temporary agency workers aged less than 23 is calculated by multiplying the hourly wage for the job grades applying to them from the salary table (of article 28(2) of the CLA) by the following percentages: age 15 30% age 16 34.5% age 17 39.5% age 18 45.5% age 19 52.5% age 20 61.5% age 21 72.5% age 22 85%
3. When determining the actual wage, the age the person will become in a given calendar year is used to determine the age for the whole of that calendar year.
Salaries of participants in the job-sharing program shall be paid and benefits granted on the same basis as his/her assignment is proportional to full-time services. In no event shall the total cost exceed the cost of one (1) full-time equivalent unit member.
Salaries of members previously employed as full-time unit members shall, as of the fall effective date specified in 12.2.2, be increased according to Articles 12.5.3 and 12.5.4.