SALARY ARRANGEMENT Sample Clauses

SALARY ARRANGEMENT a. No salary shall be paid by the Board for the period covered by the leave of absence.
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SALARY ARRANGEMENT. The clause provides for the purchase of an additional 4 weeks leave per annum up to a total of 8 weeks and a reduced salary spread over the 52 weeks of the year by agreement between the employer and employee. The purchased leave must be taken in the calendar year in which it is purchased. Purchased leave not cleared in the accrual year that it is purchased will be paid out. Access to purchased leave is subject to the employee having satisfied the employer’s accrued leave management policy. Accrued annual leave must be cleared prior to the clearance of any purchased leave. Employers will assess each application on its merits and give consideration to the personal circumstances of the employee seeking purchased leave. Where employees apply for purchased leave the employer is to give priority access to those employees with carer responsibilities. Double the leave on half pay Access to annual leave on half pay is subject to operational requirements, and is by agreement between the employer and the employee. Less leave, more pay An employee may choose to forfeit 1 or 2 weeks leave per 12 months, provided that the employee has a minimum of 4 weeks of annual leave and/or long service leave available to be taken in that year.

Related to SALARY ARRANGEMENT

  • Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.

  • Compensation arrangements (a) Following receipt of an RoU Claim Notice in respect of a Type 2 Restriction of Use, Network Rail and the Train Operator shall (if they have not already done so) commence negotiations in respect of the RoU Direct Costs compensation to be paid by one party to the other in respect of such Type 2 Restriction of Use and, subject to paragraph 10, shall continue such negotiations in good faith until they are concluded.

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2.

  • SALARY SACRIFICE ARRANGEMENTS 34.1 Employees covered by this Agreement will have access to salary sacrifice arrangements in addition to the compulsory arrangement detailed above. The requirements of any such arrangements shall ensure that:

  • SALARY AND COMPENSATION ARTICLE 56

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • Salary and bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

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