e. Overtime on an official holiday: 250% In order to calculate overtime for parts of an hour, the following schedule of time credits will apply: Minutes of work done Time recorded 0 – 15 min 0 hours 16 – 30 min ½ hours 31 – 60 min 1 hour Associates with an annual income that exceeds the amount determined by the competent authority in accordance with the stipulations of the labor ordinance are not entitled to overtime pay in accordance with the labor ordinance. The company and Associate may agree on conditions for eventual compensation. SECONDARY WORKING BENEFITS Anniversary Gratification A monetary anniversary gift will be granted to an Associate reaching one of the following employment anniversary milestones: Anniversary Amount 5th AWG. 500,00 anniversary 10th AWG. 1.000,00 anniversary 15th AWG. 1.500,00 anniversary 20th AWG. 2.000,00 anniversary 25th One month salary or AWG. 2500,00 if Associate’s month salary is less than AWG. 2.500,00 anniversary 30th One and a half month salary or AWG. 3.700,00 if Associate’s month salary is less than AWG. anniversary 2.500,00 Christmas Bonus 1. The Christmas bonus will be paid out together with the Associates’ December salary; 2. Period of calculation is current calendar year. 3. After the first year the amount of the bonus will be subject to the years of service with the company: Years in service Amount 6 months - < 12 months AWG. 250,00 ≥1 - <5 years AWG. 500,00
e. Overtime on an official holiday: 250% In order to calculate overtime for parts of an hour, the following schedule of time credits will apply: Minutes of work done Time recorded 0 – 15 min 0 hours 16 – 30 min ½ hours 31 – 60 min 1 hour Associates with an annual income that exceeds the amount determined by the competent authority in accordance with the stipulations of the labor ordinance are not entitled to overtime pay in accordance with the labor ordinance. The company and Associate may agree on conditions for eventual compensation. SECONDARY WORKING BENEFITS Anniversary Gratification A monetary anniversary gift will be granted to an Associate reaching one of the following employment anniversary milestones: Anniversary Amount 5th anniversary AWG. 500,00 10th anniversary AWG. 1.000,00 15th anniversary AWG. 1.500,00 20th anniversary AWG. 2.000,00 25th anniversary One month salary or AWG. 2500,00 if Associate’s month salary is less than AWG. 2.500,00 30th anniversary One and a half month salary or AWG. 3.700,00 if Associate’s month salary is less than AWG. 2.500,00 Christmas Bonus 1. The Christmas bonus will be paid out together with the Associates’ December salary; 2. Period of calculation is current calendar year. 3. After the first year the amount of the bonus will be subject to the years of service with the company: Years in service Amount 6 months - < 12 months AWG. 250,00 ≥1 - <5 years AWG. 500,00
13.-Handbook-PLBR-2016-November-Printable-Version.docx