Common use of Wage Premium in Lieu of Benefits Clause in Contracts

Wage Premium in Lieu of Benefits. In lieu of all fringe benefits provided for in this Agreement except for shift differential pay, weekend premium pay, report pay, and longevity steps, full-time and part-time employees may elect a fifteen percent (15%) wage premium, subject to review for compliance with the Affordable Care Act as outlined in ▇▇▇ 20. The increase from 12% to 15% will not occur if it results in penalties or additional cost to the employer. This election must occur within the first ten (10) days of employment or within ten (10) days of the signing of this Agreement, whichever is later, or annually on dates designated in advance by the Employer. Employees will be given advance notice of election dates. Starting July 1, 2018 On Call employees who, on average, work less than 36 hours a month during the preceding calendar quarter will be paid a premium of 12%; otherwise 15%.

Wage Premium in Lieu of Benefits. In lieu of all fringe benefits provided for in this Agreement except for shift differential pay, weekend premium pay, report pay, and longevity steps, full-time and part-time employees may elect a fifteen percent (15%) wage premium, subject to review for compliance with the Affordable Care Act as outlined in ▇▇▇ 20. The increase from 12% to 15% will not occur if it results in penalties or additional cost to the employer. This election must occur within the first ten (10) days of employment or within ten (10) days of the signing of this Agreement, whichever is later, or annually on dates designated in advance by the Employer. Employees will be given advance notice of election dates. Starting July 1, 2018 On Call employees who, on average, work less than 36 32 hours a month during the preceding calendar quarter will be paid a premium of 12%; otherwise 15%.