Page 17 - ITM Employee Handbook September 2020

2.13.5 Sick Pay
The Company does not operate a sick pay scheme. The company therefore is not obliged to pay you
during any absence on grounds of illness, and in such event, you should avail of the appropriate
Department of Employment Affairs and Social Protection benefits. Where, at the Company’s discretion
you are paid, you will be required to return any social welfare benefits to the company.

2.13.6 Overpayments
If you are overpaid for any reason, the total amount of the overpayment will normally be deducted
from your next payment but if this would cause difficulties to you personally, arrangements may be
made with a MANAGER, in certain circumstances, for the overpayment to be recovered over a longer
period but not exceeding two months.

2.13.7 Personal Retirement Savings Account
ITM TECH will facilitate through payroll any employee who chooses to set up a PRSA.

2.13.8 Bonus
Where the awarding of a bonus payment forms part of your terms and conditions of employment the
following will apply:
• The payment of bonus is not a guaranteed payment and

• Will be awarded to eligible employees as per the criteria which sets out the awarding of
bonus payments

No bonus awards will be paid to employees in the following circumstance:

• You are not in employment with the company at the time when bonus payments are been
made to eligible employees.
• You are subject to disciplinary action during the review period, of any bonus payments as per
your contract of employment.

• In the event that the company is not in a position to pay a bonus, due to insufficient funds,
where the payment of bonus would, jeopardise the financial position of the company, the
company may not award or defer bonus payments to eligible employees.

• Periods of unpaid leave will be deducted on a pro rata basis from any bonus payments to
eligible employees.

2.13.9 Other Deductions from Wages
The company reserve the right to deduct from your wages any costs incurred by the Company
resulting from a mistake made by any on employee provided Company disciplinary procedures have
been adhered too.

2.14 ATTENDANCE AND ABSENTEEISM
Maintaining our reputation for a quality service depends upon your punctual and full attendance at
work. The importance the Company places on full attendance and punctuality is reflected in the fact
that these are important criteria for consideration at salary and performance reviews and internal
promotions or transfers. Failure to comply with the absence procedure will be dealt with under the
disciplinary procedure.

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