Common use of Percentage in Lieu Clause in Contracts

Percentage in Lieu. (a) In lieu of holiday pay, sick leave, pension and insured benefits part-time and casual Nurses shall receive a percentage of their regular straight time hourly rate of 7.5%. (b) Part-time and Casual Nurses who participate in the pension plan shall have the percentage in lieu reduced by two percent (2%). In addition, part-time and casual Nurses who participate in the insured benefit plans shall have their percentage in lieu reduced by two percent (2%).

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement