Work Sharing Program Sample Clauses

The Work Sharing Program clause establishes the terms under which employees may participate in a work-sharing arrangement, typically as an alternative to layoffs during periods of reduced business activity. Under this clause, employees agree to work reduced hours, with the employer coordinating with government programs to supplement lost wages through employment insurance or similar benefits. This arrangement helps maintain employment relationships, provides income stability for workers, and allows employers to retain skilled staff while managing temporary downturns in workload.
Work Sharing Program. In the event a significant layoff of full-time employees is required and at the request of the Union, the Employer is prepared to cooperate with the Union in developing and implementing a mutually acceptable work-sharing program which utilizes available UIC funding to more equitably spread the effects of the layoff.
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Work Sharing Program. ‌ The City may establish a work sharing program in accordance with the provisions of this Article. a. The City will decide the classification and positions which are feasible for a work sharing program. The Union will have the opportunity to make suggestions. b. The program is voluntary. c. Two (2) employees in the same classification who voluntarily agree shall equally share work hours of one full-time position in a bi-weekly pay period. The program is limited to full-time permanent civil service employees in the same classification and same work unit, except the City may hire a part-time employee to implement or continue the work sharing arrangement in those cases where only one full-time permanent civil service employee voluntarily agrees. d. Participating employees will receive pro rata benefits, including pro rata City insurance contribution and retirement, and pro rata seniority accrual. e. A work sharing arrangement may be terminated by the City or by either of the two (2) employees upon submission of written notice to the other parties. Upon receipt of the written notice, the work sharing arrangement will be terminated on a date mutually acceptable to the City and the two (2) employees or thirty (30) calendar days from the date of written notice, whichever occurs first. This option shall apply for the first nine (9) months of the work sharing arrangement. Thereafter, the City may terminate the work sharing arrangement at its discretion.
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Work Sharing Program. The Authority may establish a work-sharing program in accordance with the provisions of this Article. a. The Authority will decide the classification and positions that are feasible for a work- sharing program. b. The program is voluntary. c. Employees in the same classification who voluntarily agree may share work hours of any position(s) in a bi-weekly pay period providing the total hours do not exceed the budgeted FTE. The program is limited to regular employees. The work-share participants may originate from the same or different work sites. Shared position(s) must be located at the work site for which the position(s) is budgeted. The Authority may hire a part-time employee to implement or continue the work-sharing arrangement in those cases where only one regular employee voluntarily agrees. d. With the approval of the supervisor, the shared work schedule may include uneven division of hours and/or overlapping schedules. e. Participating employees will receive pro-rata benefits, including pro-rata Authority insurance contribution, retirement and leave credits. f. A work-sharing arrangement may be terminated by the Authority or by any of the participating employees upon submission of written notice to the other parties. Upon receipt of the written notice, the work-sharing arrangement will be terminated on a date mutually acceptable to the Authority and employees or thirty
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Work Sharing Program. 30.01 In the event of a “Work Sharing Program”, a joint Union / Management Committee will be set up. The Company contact for such committee will be the Plant Manager or designate.
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Work Sharing Program. The Authority may establish a work-sharing program in accordance with the provisions of this Article. a. The Authority will decide the classification and positions that are feasible for a work- sharing program. b. The program is voluntary. c. Employees in the same classification who voluntarily agree may share work hours of any position(s) in a bi-weekly pay period providing the total hours do not exceed the budgeted FTE. The program is limited to regular employees. The work-share participants may originate from the same or different work sites. Shared position(s) must be located at the work site for which the position(s) is budgeted. The Authority may hire a part-time employee to implement or continue the work sharing arrangement in those cases where only one regular employee voluntarily agrees. d. With the approval of the supervisor, the shared work schedule may include uneven division of hours and/or overlapping schedules. e. Participating employees will receive pro rata benefits, including pro rata Authority insurance contribution, retirement, and leave credits. f. A work sharing arrangement may be terminated by the Authority or by any of the participating employees upon submission of written notice to the other parties. Upon receipt of the written notice, the work sharing arrangement will be terminated on a date mutually acceptable to the Authority and employees or thirty (30) calendar days from the date of written notice, whichever occurs first. g. Classification seniority shall prevail, if necessary, upon return to a full-time position or in the event of layoff.
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Related to Work Sharing Program

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and ▇▇▇▇ individual retirement accounts (“▇▇▇ Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

  • First Source Hiring Program Contractor must comply with all of the provisions of the First Source Hiring Program, Chapter 83 of the San Francisco Administrative Code, that apply to this Agreement, and Contractor is subject to the enforcement and penalty provisions in Chapter 83.

  • Retirement Program Any employee employed prior to October 1, 1977, working at least seventy (70) hours per month shall by law be a member of the Washington Public Employees Retirement system (PERS) Plan One. Any employee working at least seventy (70) hours per month, entering employment on or after October 1, 1977, shall by law be a member of the School Employees Retirement System, Plan Two or Three. The District shall provide each new employee information concerning PERS or SERS membership benefits.

  • Management Plan The Management Plan is the description and definition of the phasing, sequencing and timing of the major Individual Project activities for design, construction procurement, construction and occupancy as described in the IPPA.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.