Common use of Restriction allowance Clause in Contracts

Restriction allowance. 40.1 Only employees at ASIC 1-4 classification levels are eligible for restriction allowance payments. 40.2 Where ASIC directs an employee to be contactable and available to perform duties outside of their normal hours of duty, the employee will be paid an allowance calculated on the basis of their actual salary at the rate of: (a) 7.5% of their hourly rate for each hour restricted from Monday to Friday; (b) 10% of their hourly rate for each hour restricted on Saturday and Sunday; and (c) 15% of their hourly rate for each hour restricted on public holidays. 40.3 Where during such period the employee is recalled to duty at a place of work, payment in accordance with the relevant overtime provisions will be made subject to a two-hour minimum payment. Payment will include reasonable travel time. Employees are entitled to either payment of a restriction allowance or overtime provisions but not both for the same period worked.

Restriction allowance. 40.1 39.1 Only employees at ASIC 1-4 classification levels are eligible for restriction allowance payments. 40.2 39.2 Where ASIC directs an employee to be contactable and available to perform duties outside of their normal hours of duty, the employee will be paid an allowance calculated on the basis of their actual salary at the rate of: (a) 7.5% of their hourly rate for each hour restricted from Monday to Friday; (b) 10% of their hourly rate for each hour restricted on Saturday and Sunday; and (c) 15% of their hourly rate for each hour restricted on public holidays. 40.3 39.3 Where during such period the employee is recalled to duty at a place of work, payment in accordance with the relevant overtime provisions will be made subject to a two-hour minimum payment. Payment will include reasonable travel time. Employees are entitled to either payment of a restriction allowance or overtime provisions but not both for the same period worked.