ADVANCE IN SALARY Clause Samples

The "Advance in Salary" clause allows an employee to receive a portion of their salary before the regular payday. Typically, this provision outlines the conditions under which an advance may be requested, such as emergencies or specific financial needs, and may specify repayment terms, such as deductions from future paychecks. Its core function is to provide employees with financial flexibility in times of need while ensuring the employer has a clear process for recouping the advanced funds.
ADVANCE IN SALARY. 1. CLASSIFICATION COMMENCEMENT With respect to all appointments made, including transfers, after December 16, 2007 classification shall be deemed to commence on the exact date of the employee’s hire date.
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ADVANCE IN SALARY. 1. CLASSIFICATION COMMENCEMENT With respect to appointments made, exclusive of transfers, classification shall be deemed to commence as follows: A. On the first day of the month for employees appointed between the first and fifteenth day of such month; B. On the first day of the following month for employees appointed between the sixteenth day of the month and the end of the month.
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Related to ADVANCE IN SALARY

  • DEDUCTIONS FROM SALARY A. The BOROUGH agrees to deduct from the salaries of its employees subject to this Agreement dues for the UNION. Such deductions shall be made in compliance with Chapter 310, Public Laws of 1967; N.J.S.A. (R.S.)52:14-15.9 (e) as amended. Said monies together with records of any corrections shall be transmitted to the UNION office by the fifteenth (15th) day of each month following the monthly pay period in which deductions were made. B. If during the life of this Agreement, there shall be any change in the rate of membership dues, the UNION shall furnish to the BOROUGH written notice prior to the effective date of such change and shall furnish to the BOROUGH either new authorization from its members showing the authorized deduction for each employee or an official notification of the letterhead of the UNION and signed by the President and Secretary- Treasurer of the UNION advising of such charged deduction. C. The UNION will provide the necessary “Check-Off Authorization” form, and the UNION will secure the signatures of its members on the forms and deliver the signed forms and deliver the signed forms to the director of Finance. The UNION shall indemnify, defend and save the BOROUGH harmless against any and all claims, demands, suits, or other forms of liability that shall arise out of or by reason of action taken by the BOROUGH in reliance upon salary deduction authorization cards submitted by the UNION to the BOROUGH or tin reliance upon the official notification of the letterhead of the UNION and signed by the President and Secretary-Treasurer of the UNION advising of such changed deduction. D. All employees in the bargaining unit who are not members of the union shall be required to pay a representational fee in lieu of dues for services rendered by the union. E. The representation fee shall be in an amount equivalent to the regular membership dues, initiation fees and assessments charged by the Union to its own members less the cost of benefits financed through the dues, fees and assessments and available to or benefiting only its members, but in no event shall it exceed 85% of the total fee charged to members. F. The Union shall establish and maintain a demand and return system which provides pro rata returns as require by N.J.S.A. 34:13A-5.5 and N.J.S.A. 34:13A-5.6. G. The Union shall be entitled to the representation fee only if membership in the Union is available to all employees in the bargaining unit on an equal basis; and, provided further, that nothing herein shall be deemed to require any employee to become a member of the Union. H. Payment of the representation fee shall be made to the Union during the term of the collective bargaining agreement affecting such non-member employees and during the period, if any, between successive agreements so providing. 1. The Borough shall deduct the representation fee from the wages or salaries of the non-member employees. 2. The Union shall provide to the Borough a list of membership dues, fees and assessments charged its own members, and the cost of any benefits financed therefrom which benefit only members; any change in the list must be reported to the Borough within 15 days of such charges. 3. The deduction process and the transmission of fees to the Union will, as nearly as is efficient and practical for the Borough, be the same as the deduction process and transmission of regular membership dues, fees and assessments to the Union. 4. Obligation to pay the representation fee shall start on the ninetieth day after the beginning of the employees employment in a position included in the bargaining unit.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Base Salary During the Employment Term, the Company shall pay the Executive a base salary at the annual rate of $321,000 (“Base Salary”), payable in regular installments in accordance with the Company’s customary payment practices. The Base Salary shall be subject to annual review by the Board or the Compensation Committee (or similar committee) of the Company whereupon the Base Salary may be increased (but not decreased) at their sole discretion.

  • Base Compensation During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $350,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.