Pay Principles Clause Samples

The Pay Principles clause establishes the fundamental rules and standards governing how payments are calculated, processed, and managed under an agreement. It typically outlines the basis for determining amounts due, acceptable payment methods, and the timing of payments, such as specifying whether payments are made upon delivery, on a milestone basis, or according to a set schedule. By clearly defining these payment expectations, the clause helps prevent disputes over compensation and ensures both parties understand their financial obligations.
Pay Principles. Food Service personnel will have their rates initially adjusted (up or down as appropriate) at the beginning of the Agreement, and each successive Agreement, by using a formula which may contain several components, some of which may include the size of the school and the number of meals being served. If a change in student population, such as redistricting, occurs during the term of the Agreement, or a decline in a la carte sales, the Board reserves the right to adjust rates according to the formula.
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Pay Principles. Inland Revenue and PSA are committed to the Gender Pay Principles for the state sector to ensure the work environment, including remuneration, is free from gender-based inequalities. These principles are: • Freedom from bias and discrimination - Employment and pay practices are free from the effects of conscious and unconscious bias and assumptions based on gender. • Transparency and accessibility - Employment and pay practices, pay rates and systems are transparent. Information is readily accessible and understandable. • Relationship between paid and unpaid work - Employment and pay practices recognise and account for different patterns of labour force participation by workers who are undertaking unpaid and/or caring work. • Sustainability - Interventions and solutions are collectively developed and agreed, sustainable and enduring. • Participation and engagement - Employees, their unions and agencies work collaboratively to achieve mutually agreed outcomes.
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Pay Principles. 16.1 MBIE and the PSA seek to achieve working environments which are free from gender-based inequalities, where all employees are able to achieve their full potential, irrespective of gender and to ensure that gender pay gaps are eliminated for all women.
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Pay Principles. The Ministry and PSA are committed to the Gender Pay Principles for the state sector (▇▇▇.▇▇▇▇▇.▇▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇), in order to ensure the work environment, including remuneration, is free from gender-based inequalities. These are: • Freedom from bias and discrimination - Employment and pay practices are free from the effects of conscious and unconscious bias and assumptions based on gender. • Transparency and accessibility - Employment and pay practices, pay rates and systems are transparent. Information is readily accessible and understandable. • Relationship between paid and unpaid work - Employment and pay practices recognise and account for different patterns of labour force participation by workers who are undertaking unpaid and/or caring work. • Sustainability - Interventions and solutions are collectively developed and agreed, sustainable and enduring. • Participation and engagement - Employees, their unions and agencies work collaboratively to achieve mutually agreed outcomes.
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Related to Pay Principles

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • Applicable Principles Subject to the provisions of this Agreement, the Realized Tax Benefit or Realized Tax Detriment for each Taxable Year is intended to measure the decrease or increase in the Actual Tax Liability of the Corporation for such Taxable Year attributable to the Basis Adjustments and Imputed Interest, as determined using a “with and without” methodology described in Section 2.4(a). Carryovers or carrybacks of any tax item attributable to any Basis Adjustment or Imputed Interest shall be considered to be subject to the rules of the Code and the Treasury Regulations or the appropriate provisions of U.S. state and local tax law, as applicable, governing the use, limitation and expiration of carryovers or carrybacks of the relevant type. If a carryover or carryback of any tax item includes a portion that is attributable to a Basis Adjustment or Imputed Interest (a “TRA Portion”) and another portion that is not (a “Non-TRA Portion”), such portions shall be considered to be used in accordance with the “with and without” methodology so that: (i) the amount of any Non-TRA Portion is deemed utilized first, followed by the amount of any TRA Portion (with the TRA Portion being applied on a proportionate basis consistent with the provisions of Section 3.3(a)); and (ii) in the case of a carryback of a Non-TRA Portion, such carryback shall not affect the original “with and without” calculation made in the prior Taxable Year. The Parties agree that, subject to the second to last sentence of Section 2.1(a), all Tax Benefit Payments attributable to an Exchange will be treated as subsequent upward purchase price adjustments that give rise to further Basis Adjustments for the Corporation beginning in the Taxable Year of payment, and as a result, such additional Basis Adjustments will be incorporated into such Taxable Year continuing for future Taxable Years until any incremental Basis Adjustment benefits with respect to a Tax Benefit Payment equals an immaterial amount.

  • Governing Principles 1. The implementation of this Memorandum of Understanding shall in all aspects be governed by the Regulation and subsequent amendments thereof. 2. The objectives of the EEA Financial Mechanism 2014-2021 shall be pursued in the framework of close co-operation between the Donor States and the Beneficiary State. The Parties agree to apply the highest degree of transparency, accountability and cost efficiency as well as the principles of good governance, partnership and multi-level governance, sustainable development, gender equality and equal opportunities in all implementation phases of the EEA Financial Mechanism 2014-2021. 3. The Beneficiary State shall take proactive steps in order to ensure adherence to these principles at all levels involved in the implementation of the EEA Financial Mechanism 2014-2021. 4. No later than 31/12/2020, the Parties to this Memorandum of Understanding shall review progress in the implementation of this Memorandum of Understanding and thereafter agree on reallocations within and between the programmes, where appropriate. The conclusion of this review shall be taken into account by the National Focal Point when submitting the proposal on the reallocation of the reserve referred to in Article 1.11 of the Regulation.

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.