Productivity Allowance definition
Examples of Productivity Allowance in a sentence
The components used to determine if any financial disadvantage has occurred are wage rates, Productivity Allowance and excess fares and travel time only.
The Productivity Allowance is in compensation for all non-expense related allowances, excluding those otherwise provided for in this Agreement, including but not limited to: tool allowance, electrical licence margin, disability allowances, special allowances, construction allowances, dirty work allowances, high places allowances, wet places allowances, hot places allowances, underground work allowances, confined spaces allowances, first aid allowances, meal allowances and ship repairs allowances.
The AAC Productivity Allowance from the 1st of April 2026 will be $3.50 per hour for all hours worked, From the 1st of April 2027 the Productivity Allowance will be $4.20 for all hours worked.
A Productivity Allowance per hour worked as per Schedule B will be paid to employees covered under this Agreement for the duration of the Agreement.
It is the aim of this agreement to incorporate the Productivity Allowance into the Basic Periodic Rate of Pay (All Purpose Rate).
Payment for such crib breaks is incorporated in the Productivity Allowance provided in clause 17C.
First Year of Apprenticeship 80% Second Year of Apprenticeship 85% Third Year of Apprenticeship 90% Fourth Year of Apprenticeship 95% Apprentices will have an entitlement to the following Allowances and contributions: Productivity Allowance: The Employer will pay Fifty Percent (50%) Productivity Allowance prescribed at clause 5.4 for the first year of the apprenticeship.
Toolbox Talks and Pre-Start meetings will be paid at the Employee’s Ordinary Time rate plus Productivity Allowance and any other applicable allowances, and this time will form part of the Employee(s) ordinary hours.
Payments in excess of the Productivity Allowance payment will only apply while Employees are engaged on the specific site or project.
A.2.6.4 The Productivity Allowance will be fixed for the life of the agreement.