The Guarantee Payments (Exemption) (No. 15) Order 1978

Guaranteed Week Benefit

3.  Weekly earnings are guaranteed, subject to the conditions laid down in this Agreement, at 100% of the figure obtained by multiplying the basic time rate per hour, and where appropriate, the shift differential, by the number of hours of the contracted week. Where earnings calculated on this basis are not reached during any week in which the Guaranteed Week Benefit is payable, the amount of benefit will be that required to make up the difference. Bonus, overtime premium and other plus payments shall not be included in either calculation.