Proration Formula Sample Clauses

Proration Formula. (a) Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro-rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly.
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Proration Formula. 31.01 Pro-ration Formula: Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of pro-ration percentages shall be determined by dividing hours paid in the previous predetermined six-month period by .975, and then multiplying by 100. Effective October 1, 2006, the calculation shall be based on nine hundred and fifty (950) hours. Hours paid in calculating pro-ration formula will include W.S.I.B.: EI sick leave and W.I. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five (75) hour bi-weekly position. In this instance an employee who qualifies will immediately receive entitlement of one hundred percent (100%) of the employer's paid share of premiums, benefits and holiday pay. The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st and the recalculated pro-ration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.
Proration Formula. 38.01 Proration Formula: Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The predetermined six(6) months period shall coincide with the pay period ending around June 30th and December 31st and the recalculated proration percentage where applicable shall apply in July for the pay period ending around June 30 and January for the pay periods ending around December 31.
Proration Formula. For employees who are regularly scheduled to work less than seventy-five (75) hours in a two (2) week period, accrual and payment of all benefits including shared cost arrangements shall be on a basis. The proration percentage shall be determined by calculating the hours paid share of premiums benefits, and holiday pay as follows: Total Months Entitlement Each employee may use her entitlement to purchase any or all of the lump sum benefits, Dental, Life Insurance. Hours paid in calculating proration formula will include Workers' Compensation and paid sick leave. When an employee is on:
Proration Formula. Employees who are regularly scheduled to work less than seventy-five (75) hours in a two (2) week period, accrual and payment of all benefits including shared cost arrangements shall be on a basis. The proration percentage shall be determined by calculating the hours paid in the previous predetermined six month period as follows: Total Months Entitlement Each employee may use her entitlement to purchase any or all of the lump sum benefits, Dental, Life Insurance Hours paid calculating proration formula will include and When an employee is on:
Proration Formula. Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a prorata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six-month period by 975 and then multiplying by 100. (The predetermined six-month period shall coincide with the posting of the seniority list).
Proration Formula. Proration Formula: Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentages shall be determined by dividing hours paid in the previous predetermined six month period by .975. Where the calculation of proration percentage is determined by dividing the hours paid in the previous predetermined six (6) month period by .975 and then multiplying by 100, effective October 1, 2006 the calculation shall be based on nine hundred and fifty (950) hours. Hours paid in calculating proration formula will include W.S.I.B, E.I., sick leave and W.I. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five (75) hour bi-weekly position. In this instance an employee who qualifies will immediately receive entitlement of one hundred percent (100%) of the employers paid share of premiums, benefits and holiday pay. The predetermined six (6) months period shall coincide with the pay period ending around June 30th and December 31st and the recalculated proration percentage where applicable shall apply in July for the pay period ending around June 30th and January for the pay period ending around December 31st. When an employee is on: pregnancy, parental leave, Adoption leave, or Approved leave of absence in excess of 30 continuous calendar days, proration upon return, shall be based on % in effect prior to commencement of leave. Employees who regularly work more than 66 hours bi-weekly shall have 100% of employer portion of insured benefits paid.
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Proration Formula. 33.01Proration Formula: Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a pro rata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentages shall be determined by dividing hours paid in the previous predetermined six-month period by .950 Hours paid in calculating proration formula will include W.S.I.B., W.I. and EI sick leave. The only exception to this calculation will be an employee who successfully bids or otherwise obtains a seventy-five
Proration Formula. This Article must be read and interpreted in concert with Article 20. The following provision shall be inserted in all collective agreements and shall apply to all full-time employees in the bargaining units who are scheduled to work less than seventy-five (75) hour's bi-weekly, and to all part time employees save and except in respect of Health and Welfare benefits which shall only prorate in accordance with this article for those part time employees who elected to remain in the Pro rata benefits program pursuant to the Memorandum of Settlement signed by the parties April 6, 2001: In those homes which have pro rata and the 20 cents plan – employees are entitled to advise the Administrator in writing on or before September 1, 2004 of their desire to enter the pro rata benefits plan. The employees eligible for this election are those that are employees as of June 9, 2004. The choice to move into the pro rata benefits is irrevocable once made. The employees would be considered as late entrants in accordance with the collective agreement. Accrual and payment of paid holidays and all benefits including shared cost arrangements for all employees shall be on a prorated basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six- month period by 975 and then multiplying by 100. (The predetermined six- month period shall coincide with the posting of the seniority list). Hours paid in calculating proration formula will include W.S.I.B. and paid sick leave. When an employee is on:
Proration Formula. Accrual and payment of paid holidays and all benefits including shared cost arrangements for all Employees shall be on a prorata basis of hours regularly worked in relation to seventy-five (75) hours bi-weekly. The calculation of proration percentage shall be determined by dividing the hours paid in the previous predetermined six (6) month period by 950and then multiplying by 100. (The predetermined six (6) month period shall coincide with the pay period ending around June 30th and December 31st and the recalculated proration percentage where applicable shall apply in August for the pay period ending around June 30th and February for the pay period ending around December 31st.) Hours paid in calculating proration formula will include WSIB and Weekly Indemnity. When an Employee is on:
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