Calculation of Entitlement Sample Clauses

The Calculation of Entitlement clause defines the method and criteria for determining the amount or benefits a party is eligible to receive under the agreement. It typically outlines the specific formulas, timeframes, or conditions that must be met for entitlement, such as how compensation, bonuses, or reimbursements are calculated based on performance metrics or incurred costs. This clause ensures transparency and fairness by providing a clear process for quantifying entitlements, thereby reducing disputes and misunderstandings over what is owed.
Calculation of Entitlement. Subject to the provisions of clause 29.5, the amount of long service leave to which the Employee shall be entitled shall be the sum of the following amounts: (a) For Employees covered by a single enterprise agreement immediately prior to the commencement of this Agreement the amount of long service leave provided in that single enterprise agreement. (b) For Employees classified as School Assistants, Clerical and Administration Staff, and Boarding Staff as defined in clauses 12.1(a), (b) and (g): (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 May 1995; and (ii) an amount calculated on the basis of the provisions of this clause from 1 May 1995. (c) For Employees classified as Maintenance, Grounds and Green Keeping, Canteen and Uniform Shop Staff, and Bus Drivers as defined by clause 12.1(c): (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 April 2007; and (ii) an amount calculated on the basis of the provisions of this clause from 1 April 2007. (d) Subject to the provisions of clause 29.4(e), for Employees classified as General Operational Staff, Long Day Care, Preschool and OOSH Centre Staff, Nurses and Wellbeing Services Staff as defined in clauses 12.1(d), (e), (f) and (h): (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 January 2011; and (ii) an amount calculated on the basis of the provisions of this clause from 1 January 2011. (e) For Employees classified as General Operational Staff, Long Day Care, Preschool and OOSH Centre Staff and Nurses as defined in clauses 12.1(d),
Calculation of Entitlement. Each Employee will accumulate payment for Student Vacation Periods (their “SVP Balance”) in hours, progressively throughout the term time worked by the Employee in each School Year subject to the following provisions: (a) The rate of accumulation is determined by the SVP Ratio. The SVP Ratio for a School Year is determined by dividing the total number of weekdays falling within student vacation periods by the total number of weekdays falling during term time. For the purposes of this calculation, public holidays falling on a weekday are counted as weekdays; (b) For the 2015 school year the SVP Ratio is 0.292 (being 59 weekdays falling within student vacation periods divided by 202 weekdays falling during term time); (c) For the 2016 school year the SVP Ratio is 0.279 (being 57 weekdays falling within student vacation periods divided by 204 weekdays falling during term time); (d) For every hour worked by an Employee during term time, that Employee’s SVP Balance will be increased by the amount of the SVP Ratio for that school year. For example, an Employee who works 10 hours will accumulate 2.92 hours to their SVP Balance in 2015; (e) For each hour an Employee is paid during a student vacation period, an hour will be deducted from the Employee’s SVP Balance.
Calculation of Entitlement under the Terminal Regulations
Calculation of Entitlement. The amount of long service leave to which the Employee shall be entitled shall be the sum of the following amounts: (a) For Employees covered by a single enterprise agreement immediately prior to the commencement of this Agreement the amount of long service leave provided in that single enterprise agreement. (b) For Employees classified as Classroom Support Services Employees, Clerical and Administration Services Employees, and Boarding Services Employees: (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 May 1995; and (ii) an amount calculated on the basis of the provisions of this clause from 1 May 1995. (c) For Employees classified as School Operational Services who are Maintenance, Grounds and Green Keeping, Canteen and Uniform Shop Employees: (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 April 2007; and (ii) an amount calculated on the basis of the provisions of this clause from 1 April 2007. (d) Subject to the provisions of clause 29.4(e), for School Operational Services Employees (except Maintenance, Grounds and Green Keeping, Canteen and Uniform Shop Employees and Bus Drivers), Preschool/Childcare Services Employees, Nursing Services Employees and Wellbeing Services Employees: (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 January 2011; and (ii) an amount calculated on the basis of the provisions of this clause from 1 January 2011. (e) For Employees classified as School Operational Services Employees (Cooking, Catering, Housekeeping, Laundry and Caretaking Employees), Preschool/Childcare Services Employees and Nursing Services Employees whose employment was covered by the Independent Schools NSW (Combined Non-Teaching Staff) Enterprise Agreement 2010-2011: (i) the amount calculated on the basis of the provisions of the LSL Act in respect of the period of service before 1 January 2010; and (ii) an amount calculated on the basis of the provisions of this clause from 1 January 2010. (f) Past long service leave accrual rates (i) Employees employed with the Employer prior to 1 January 2011, who under a former industrial instrument had a different accrual rate for long service leave, the provisions of that agreement shall apply. (ii) Employees employed as School Operational Services Employees (Cooking, Catering, Housekeeping, Laundry and Caretaking E...
Calculation of Entitlement. For the purposes of calculating entitlements in 2. above, payment for incomplete years of service shall be made on a pro-rata basis.
Calculation of Entitlement in relation to a Teacher whose service with the school began prior to 1 January 2011 and whose service would entitle the Teacher to long service leave. The amount of long service leave to which a Teacher shall be entitled is as follows: Prior to 31st December 1997 0.866 weeks per year. 1st January, 1998 to 31 December, 1998 1.05 weeks per year.
Calculation of Entitlement. Each Principal will accumulate payment for Student Vacation Periods (their “SVP Balance”) in hours, progressively throughout the term time worked by the Principal in each school year subject to the following provisions: (a) The rate of accumulation is determined by the SVP Ratio. The SVP Ratio for a school year is determined by dividing the total number of weekdays falling within student vacation periods by the total number of weekdays falling during term time. For the purposes of this calculation, public holidays falling on a weekday are counted as weekdays; (b) For the 2017 school year the SVP ratio is 0.287 (being 58 weekdays falling within student vacation periods divided by 203 weekdays falling during term time); (c) Six months prior to the commencement of the 2018 and 2019 school year the employers to which this cause applies, following consultation with the IEU, will confirm the SVP Ratio calculated in accordance with formula in paragraph 20.5 (a); (d) For every hour worked by a Principal during term time, that Principal’s SVP Balance will be increased by the amount of the SVP Ratio for that school year; (e) For each hour a Principal is paid during a student vacation period, an hour will be deducted from the Principal’s SVP Balance.
Calculation of Entitlement. In the case of an employee whose services with the employer began before 1 July 1997 and whose service would entitle the employee to long service leave under this clause, the amount of long service leave to which the employee shall be entitled shall be the sum of the following amounts: (a) the amount calculated on the basis of the provisions of the Long Service Leave Act 1955 in respect of the period of service before July 1997; and (b) an amount calculated on the basis of the provisions of this clause after 1 July 1997.
Calculation of Entitlement. The entitlement to holiday accrues pro rata throughout each Holiday Year. Any entitlement to holiday remaining at the end of any Holiday Year will lapse and no salary in lieu of such entitlement will be paid.
Calculation of Entitlement. Subject to the provisions of this policy, employees deemed to qualify for redundancy will receive the following severance payments on termination of employment. (a) Employees with less than 12 months continuous service: (i) statutory leave entitlements. (ii) Employees with more than 1 month but less than 4 months continuous service shall receive 1 weeks severance pay. (iii) Employees with more than 4 months but less than 8 months continuous service shall receive 2 weeks severance pay.