Common use of Settlement and allocation for contract work Clause in Contracts

Settlement and allocation for contract work. After the work is completed and the contract calculations have been presented, the undisputed part of the contract amount shall be distributed and paid to the employees in connection with normal wage payments without undue delay. The remaining part of the contract amount shall be fully settled within 30 working days of the above-mentioned date. In short-term work, final settlement shall be done within 10 working days of said date. If contract settlement that has been jointly agreed upon in the work-site agreement has not been performed within the specified settlement times, the matter shall be brought to resolution in accordance with the negotiation procedure specified in the collective agreement. Under the contract, 10 working days, calculated from the completion of the work and the presentation of the contract calculations, shall be the settlement time. Short-term work refers to work of less than 30 man-days (240 h). The contract price shall be divided among the employees involved in proportion to their dividing hourly wage of the contract sum and the number of hours worked for the contract in question. 2.1 demands otherwise. Regardless of whether the grounds for division are formed of the base hourly wage or the agreed dividing wage of the contract sum specified in subsection 9.2.1, the contract-amount division shall use said wages as valid at the beginning of the work unless the case involves a change due to an increase in wage group. After settlement, the contract amount shall be paid in full in connection with the next normal payment of wages. The members of the team shall be provided with a written ‘contract-distribution settlement’ in connection with the pay- ment of the final contract amount, provided that the employee has approved this in the work-site agreement. The con- tract-division settlement shall state each employee’s hours worked for the contract, and base hourly wage; the piece- rate multiplier and contract profit coefficient; the advances paid; the grounds for division; and the amounts paid as final bases. The corresponding material shall be given to the chief shop ▇▇▇▇▇▇▇ upon request. Other pay based on contractual assignment The enterprise’s or site’s employees with a permanent employment relationship may, by majority decision and written notice to the employer, agree upon deviation from subsection 9.2 and on use of some other grounds for contract- amount division than the employee’s base hourly wage. A decision on distribution shall apply to contract-work sites whose work commences within the next 12 months.

Settlement and allocation for contract work. After the work is completed and the contract calculations have been presented, the undisputed part of the contract amount shall be distributed and paid to the employees in connection with normal wage payments without undue delay. The remaining part of the contract amount shall be fully settled within 30 working days of the above-above- mentioned date. In short-term work, final settlement shall be done within 10 working days of said date. If contract settlement that has been jointly agreed upon in the work-site agreement has not been performed within the specified settlement times, the matter shall be brought to resolution in accordance with the negotiation procedure specified in the collective agreement. Under the contract, 10 working days, calculated from the completion of the work and the presentation of the contract calculations, shall be the settlement time. Short-term work refers to work of less than 30 man-days (240 h). The contract price shall be divided among the employees involved in proportion to their dividing hourly wage of the contract sum and the number of hours worked for the contract in question. 2.1 demands otherwise. Regardless of whether the grounds for division are formed of the base hourly wage or the agreed dividing wage of the contract sum specified in subsection section 9.2.1, the contract-amount division shall use said wages as valid at the beginning of the work unless the case involves a change due to an increase in wage group. After settlement, the contract amount shall be paid in full in connection with the next normal payment of wages. The members of the team shall be provided with a written ‘contract-distribution settlement’ in connection with the pay- ment payment of the final contract amount, provided that the employee has approved this in the work-work- site agreement. The con- tractcontract-division dividion settlement shall state each employee’s hours worked for the contract, and base hourly wage; the piece- rate multiplier contract pricing coefficient and contract profit coefficient; the advances paid; the grounds for division; and the amounts paid as final bases. The corresponding material shall be given to the chief shop ▇▇▇▇▇▇▇ upon request. Other pay based on contractual assignment The enterprise’s or site’s employees with a permanent employment relationship may, by majority decision and written notice to the employer, agree upon deviation from subsection 9.2 and on use of some other grounds for contract- amount division than the employee’s base hourly wage. A decision on distribution shall apply to contract-work sites whose work commences within the next 12 months.