RATES AND FREQUENCY OF PAY Sample Clauses

The "Rates and Frequency of Pay" clause defines how much an employee or contractor will be paid and how often payments will be made. Typically, this clause specifies the hourly wage, salary, or fee, and outlines whether payments occur weekly, biweekly, or monthly. By clearly stating these terms, the clause ensures both parties understand the compensation structure and payment schedule, reducing the risk of disputes over pay.
RATES AND FREQUENCY OF PAY. The rates of pay shall be set forth in the Pay Appendix "A" to this Agreement. Employees shall be paid at regular intervals, i.e. bi-weekly or on specific pay dates as established in advance. In the event that a pay date falls on a week-end, employees shall be paid on the Friday immediately preceding. Employees shall receive wages in full (save late over-time claims) within seven (7) days of termination excluding week-ends and statutory holiday. The rates shown in the Pay Appendix are adjusted over the Jan 1st, 2015 rates and the increases are as follows: January 1, 2015: 1% across the board increase January 1, 2016: 2% across the board increase (or CPI, if CPI is greater than 2.5%)* January 1, 2017: 2% across the board increase (or CPI, if CPI is greater than 2.5%)* January 1, 2018: 2% across the board increase (or CPI, if CPI is greater than 2.5%)* January 1, 2019: 2% across the board increase (or CPI, if CPI is greater than 2.5%)* *Where CPI is equal to or greater than 2.5%, annual wage increases will match the levels of the Consumer Price Index (CPI). CPI will be based on the % change year-to-year for the Greater Vancouver Area per Statistics Canada. December CPI will be utilized for the following year’s increase. Employees paid on specific dates shall be entitled to a mid pay period draw up to fifty percent (50%) of their basic rate and may also on occasion request an additional draw.
RATES AND FREQUENCY OF PAY. The rates of pay shall be set forth in the Pay Appendix "P" to this Agreement. Employees shall be paid at regular intervals, i.e. bi-weekly or on specific pay dates as established in advance. In the event that a pay date falls on a week-end, employees shall be paid on the Friday immediately preceding. Employees shall receive wages in full (save late over-time claims) within forty-eight (48) hours of termination excluding week-ends and statutory holidays. The rates shown in the Pay Appendix are adjusted over the September 30, 1997 rates and the increases are as follows: October 1, 1997 22 cents across the board, Effective October 1, 1998 33 cents across the board, Effective October 1, 1999 40 cents across the board. Employees paid on specific dates shall be entitled to a mid pay period draw up to fifty percent (50%) of their basic rate and may also on occasion request an additional draw.
RATES AND FREQUENCY OF PAY. The rates of pay shall be set forth in the Pay Appendix "P" to this Agreement. Unlicensed Employees shall be paid at regular intervals, i.e. bi-weekly or on specific pay dates as established in advance. In the event that a pay date falls on a week-end, Unlicensed Employees shall be paid on the Friday immediately preceding. Unlicensed Employees shall receive wages in full (save late over-time claims) within forty-eight (48) hours of termination excluding week-ends and statutory holidays. The rates shown in the Pay Appendix are adjusted over the October, 2012 rates and the increases are as follows: COLA to be based on Vancouver CPI as published by Statistics Canada in the month of April preceding each October 1 increase and will only apply if Vancouver CPI exceeds 2.2% per annum. Unlicensed Employees paid on specific dates shall be entitled to a mid pay period draw up to fifty percent (50%) of their basic rate and may also on occasion request an additional draw.
RATES AND FREQUENCY OF PAY. The rates of pay shall be set forth in the Pay Appendix "P" to this Agreement. Employees shall be paid at regular intervals, i.e. bi-weekly or on specific pay dates as established in advance. In the event that a pay date falls on a week-end, employees shall be paid on the Friday immediately preceding. Employees shall receive wages in full (save late over-time claims) within forty-eight (48) hours of termination excluding week-ends and statutory holidays. The rates shown in the Pay Appendix are adjusted over the September 30, 2015 rates and the increases are as follows: October 1, 2019 2% or COLA whichever is greater October 1, 2020 2% or COLA whichever is greater October 1, 2021 2% or COLA whichever is greater October 1, 2022 2% or COLA whichever is greater October 1, 2023 2% or COLA whichever is greater October 1, 2024 2% or COLA whichever is greater October 1, 2025 2% or COLA whichever is greater COLA to be based on the annual Vancouver CPI as published by in the month of April preceding the October 1 wage increase. Twelve hundred dollars ($1200.00) signing bonus to be paid on a separate cheque by the first pay period following ratification.

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