Common use of System of Payment Clause in Contracts

System of Payment. Par. 1. It is agreed that all Mechanics, Helpers, Apprentices and Assistant Mechanics shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company’s address. Mechanics, Helpers, Apprentices and Assistant Mechanics shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no obli- gation on the part of any employee or the Company to par t icipate in the di rect de- posit/direct mail program and no discrimina- tion against either one if either should elect not to participate. Once enrolled, an employee in di rect depos it/di rect mail program may elect to discontinue enrollment by giving the Company ten (10) working days written no- ▇▇▇▇. Should a change to a time ticket be re- quired, the Company shall notify the Mechanic and/or Helper, Apprentice or Assistant Me- chanic in wr i t ing of the reason for such change within five (5) working days. 2. Elevator Constructors shall receive at the time of weekly payment, a check stub con- taining the following information: 1. Employee’s name and some form of iden- tification number other than the full social se- curity number. 2. Total hours worked-regular and overtime, accumulative. 3. Total wages-weekly and accumulative. 4. Federal income taxes withheld. 5. FICA taxes withheld. 6. Health Benefit Plan & Pension deductions weekly and accumulative. 7. Any other authorized or legitimate deduc- tions. 8. Vacation Pay and PTO-weekly and accu- mulative in amount of money. 9. Annuity contributions-weekly and accu- mulative in amount of money. 10. 401(k) deductions-weekly and accumu- lative in amount of money. At the time of weekly payment, at the em- ployee’s request, the Employer shall also pro- vide the employee with a document, in writ- ing, reporting the time the employee submit- ▇▇▇ to his Employer for that payment regard- less of whether the employee submitted his time on paper, electronically, or by any other medium. Should the Company’s payroll and/or ac- counting department experience a short work week due toa holiday or any other reason, the Company shal l make any special ar range- ments necessary to insure employees receiv- ing pay on schedule.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

System of Payment. Par. 1. It is agreed that all Mechanics, Helpers, Apprentices and Assistant Mechanics shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company’s address. Mechanics, Helpers, Apprentices and Assistant Mechanics shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no obli- gation on the part of any employee or the Company to par pa r t icipate in the di rect direct de- posit/direct mail program and no discrimina- tion against either one if either should elect not to participate. Once enrolled, an employee in di rect direct depos it/di rect direct mail program may elect to discontinue enrollment by giving the Company ten (10) working days written no- ▇▇▇▇. Should a change to a time ticket be re- quired, the Company shall notify the Mechanic and/or Helper, Apprentice or Assistant Me- chanic in wr i t ing writing of the reason for such change within five (5) working days. 2. Elevator Constructors shall receive at the time of weekly payment, a check stub con- taining the following information: 1. Employee’s name and some form of iden- tification number other than the full social se- curity number. 2. Total hours worked-regular and overtime, accumulative. 3. Total wages-weekly and accumulative. 4. Federal income taxes withheld. 5. FICA taxes withheld. 6. Health Benefit Plan & Pension deductions weekly and accumulative. 7. Any other authorized or legitimate deduc- tions. 8. Vacation Pay and PTO-weekly and accu- mulative in amount of money. 9. Annuity contributions-weekly and accu- mulative in amount of money. 10. 401(k) deductions-weekly and accumu- lative in amount of money. At the time of weekly payment, at the em- ployee’s request, the Employer shall also pro- vide the employee with a document, in writ- ing, reporting the time the employee submit- ▇▇▇ to his Employer for that payment regard- less of whether the employee submitted his time on paper, electronically, or by any other medium. Should the Company’s payroll and/or ac- counting department experience a short work week due toa to a holiday or any other reason, the Company shal l shall make any special ar range- ments necessary to insure employees receiv- ing pay on schedule.

Appears in 2 contracts

Sources: Neba Agreement, Neba Agreement